Hampshire Trust Bank (HTB) has completed a £9.5m loan as part of a £14m portfolio restructure, providing a solution for a repeat client with a portfolio of buy-to-let (BTL) and semi-commercial properties across London and Surrey.
This transaction was crucial to the client’s transition from a partnership to a limited company, enabling them to navigate the challenges posed by rising interest rates and maturing fixed-rate loans.
Alex Upton (pictured), managing director of specialist mortgages at HTB, said: “This deal really encapsulates what HTB is all about – partnering with our clients to navigate complex situations and deliver solutions that work.
“We didn’t just focus on the immediate challenges; we made sure the loan structure supported the client’s future ambitions.
“For us, it’s all about providing the right support at the right time, especially for clients who return to us because they appreciate our approach.”
Sy Nathan, head of bridging and structured finance at Dynamo, said: “This was a complex transaction, and HTB’s flexible approach allowed us to create a bespoke pricing package that perfectly met our client’s needs.
“Not only did this facilitate the repayment of an existing loan, but it also enabled the release of equity that’s essential for their ongoing investment plans.
“The close working relationship we have with the HTB team has been key to getting this deal over the line.
“In fact, this strong collaboration has helped secure around £20m in funding for our portfolio clients in just the last three months, highlighting how well we work together to get things done.”
Serena Grewal, business development manager (BDM) South East at HTB, said: “Strong relationships with our broker partners and a deep understanding of our clients’ needs are at the heart of our success.
“By working closely together, we were able to provide a flexible solution that supported both the restructuring and the client’s future ambitions.
“This is a great example of how HTB’s collaborative approach consistently delivers great results.”
