UK private bank Hampden & Co has introduced a 3-year fixed lending rate, expanding its range of fixed-rate options for personal and commercial clients. The bank now offers 2-year, 3-year, and 5-year fixed rates, alongside variable rate lending. These options are available on a capital and interest, interest-only, and part and part basis.
Hampden & Co specialises in providing tailored lending solutions for high-net-worth individuals and their businesses. The new 3-year fixed rate is available for a range of borrowing needs, including residential, guarantor, self-build, retirement, multi-property, and buy-to-let lending.
Mark Plummer, head of private banking, London, at Hampden & Co, said: “We tailor lending to the specific needs of our clients. Adding a 3-year fixed rate provides clients with another option to help match their borrowing to their circumstances over the medium term.”
In its half-year results for 2024, Hampden & Co reported a 20.4% year-on-year increase in total lending to £555m (H1 2023: £461m), supported by strong demand from mortgage intermediaries. The bank recorded a pre-tax profit of £4.2m on total income of £14.9m, benefiting from demand for both lending and deposits.
