HTB unveils dual representation for bridging

Published on

Hampshire Trust Bank (HTB) has introduced dual representation for bridging cases and expanded its legal panel to include HCR Law.

This move allows one law firm to represent both the lender and borrower.

Lorenzo Satchell (pictured), sales director of bridging at HTB, said: “Dual representation is an important enhancement to our bridging proposition, responding directly to feedback from brokers who wanted a faster, more streamlined legal process. Our partnership with HCR Law allows us to offer exactly that—one team, one smooth process, removing unnecessary steps and delays.

“In bridging finance, speed is critical, and dual representation ensures that cases move along faster by improving communication between all parties. It also reduces legal costs, with clients only needing to pay for one set of solicitors instead of two. This combination of speed and cost-effectiveness makes a real difference for brokers and their clients, ensuring they get the best possible support when time is of the essence.”

Clare Day, partner at HCR Law, added: “HTB has an excellent reputation in the bridging market, and we’re delighted to join their panel. We’ve been managing dual representation for years, and our experience allows us to guide both parties through the process smoothly and efficiently. This approach simplifies transactions, reduces potential pitfalls, and ultimately leads to faster completions.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Rising cost of living could stall housing market activity

The rising cost of living remains the most pressing concern for Britons and could...

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has announced reductions of up to 0.25 percentage points on selected...

Homeowners stay put as remortgaging nears parity with home purchases

Britain’s homeowners are increasingly choosing to refinance rather than move, with remortgage activity now...

Co-operative Bank in sub-4% mortgage arena following rate cuts 

The Co-operative Bank for Intermediaries has reduced selected residential and buy-to-let mortgage rates, bringing...

Access FS appointment to lead recruitment strategy

Access Financial Services has appointed Rob Jarvis as business development manager, tasking him with...

Latest publication

Latest opinions

Right of Light risks: a looming shadow over construction projects

Gone are the days when a Right of Light infringement could be swiftly dealt...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

Other news

Rising cost of living could stall housing market activity

The rising cost of living remains the most pressing concern for Britons and could...

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has announced reductions of up to 0.25 percentage points on selected...

Homeowners stay put as remortgaging nears parity with home purchases

Britain’s homeowners are increasingly choosing to refinance rather than move, with remortgage activity now...