Hampshire Trust Bank has completed a development finance facility in excess of £20m to refinance a substantial strategic land portfolio owned by a UK-based investor.
The committed term facility is secured against a geographically diverse collection of development sites across the South East and the Midlands, all of which benefit from planning consents. The finance will support the phased sale of these consented parcels to UK housebuilders, as well as the investor’s own in-house building operations.
The borrower, described as an established investor with significant expertise in planning-led development, will use the funding to unlock a pipeline of housing supply across multiple regions. Hampshire Trust Bank said the deal underlined its ability to structure complex, high-value land finance solutions.
The transaction required a bespoke approach to accommodate a multi-entity ownership structure and evolving planning profiles across a composite portfolio. The bank worked closely with the borrower and broker to complete the facility within weeks of initial discussions, providing both flexibility and funding certainty. HTB has also indicated willingness to support the investor’s future pipeline.
GHJ Advisory introduced the deal. Director John Fay said the client valued speed and precision: “GHJ Advisory was delighted to introduce this opportunity and collaborate with HTB in providing this significant facility for our long-standing and valued client. This respected UK investor sought speed, accuracy and professionalism, all of which HTB delivered in spades. A great team effort by both the HTB central team and the GHJ broker.”
Tim Mycock (pictured), lending director at HTB, described the facility as highly structured. “We were able to bring real clarity to the structuring, while maintaining the flexibility the borrower required,” he said. “It was a great collaborative effort across our team and with the broker, and I am pleased we were able to deliver exactly what was needed to support the borrower’s objectives.”
Neil Leitch, managing director of development finance at HTB, said the transaction reflected broader trends in the strategic land market. “There is strong demand in this market for lenders who can provide certainty and structure for land transactions,” he said.
“Investors need funding they can rely on, particularly where there are phased exits, evolving planning positions and multiple ownership layers involved. This is exactly where HTB can add value.”
