Hampshire Trust Bank (HTB) has completed a £1.65m refinance and capital raise for an experienced landlord, consolidating 12 residential properties on the Isle of Sheppey into a single facility.
Introduced by Elliot Boreham at V4B, the loan provided a 75% loan-to-value (LTV), 20-year interest-only structure to support both the refinancing and the onward purchase of a property in Tenerife.
The borrower owned 10 houses and two flats in personal name, with borrowing spread across several lenders.
The transaction required long-form valuations and redemption statements from multiple parties, creating reliance on external timelines.
A fixed completion window, driven by the borrower’s overseas purchase, meant documentation, valuations and legal outputs needed to be carefully sequenced to keep the case on track.
HTB structured the facility to consolidate the existing finance and provide the £1m capital raise needed for the acquisition in Tenerife.
Pure Law was instructed on a non-representation basis, allowing valuation and legal processes to run in parallel and reducing potential bottlenecks.
The bank issued the offer on the 4th of August and completed on the 12th of August.
The case was led by Aimee Amphlett, with underwriting by Jack Steed and completion managed by Vicki Duncan.
Amphlett said: “This case needed tight alignment from the outset. With 12 assets across several lenders and a defined completion date, we kept direct communication open so valuation outputs, statements and searches arrived in the right order.
“Using non representation meant the legal work could progress alongside underwriting, which removed a major dependency and gave the borrower confidence to move ahead with their onward purchase.”
Elliot Boreham, broker at V4B, said: “This was a tight deadline, and cases of this size would usually take six weeks or more.
“Having clear communication and the right people involved meant we completed within five days of receiving the valuation report.
“Being able to speak directly with the people progressing the case made a meaningful difference for the client and allowed them to move ahead with their purchase.”
Andrea Glasgow, sales director, specialist mortgages and bridging finance at HTB, said: “A case involving 12 assets across multiple lenders needs clarity and accessible decision-makers.
“The team stayed close to the broker throughout and kept the structure straightforward so the borrower could progress their onward purchase.
“This is the type of collaboration brokers rely on when a defined deadline is in play.”
