Hampshire Trust Bank launches into commercial
Hampshire Trust Bank is launching into the commercial market with a suite of four products with loan amounts from £100,000 to in excess of £5m.
The products, available through Hampshire Trust Bank’s group of master brokers, include bridging and term finance secured against buy-to-let, semi-commercial and commercial property.
Buy-to-let and commercial products rates start at 3.45% and 5.1% respectively whilst bridging rates start at 0.6% a month.
Colin Bell, managing director of commercial mortgages at Hampshire Trust Bank, said: “It is a credit to the calibre of staff that work in the team that we have got here so quickly and now we need to demonstrate to our partners that we are here to deliver best in class service, balanced and tailored underwriting with some great products.”
Brian Walters, director at Newsource Commercial Finance, one of Hampshire Trust Bank’s key intermediary partners added: “As experienced master brokers in the specialist lending market we enjoy dealing with lenders who want to do deals, are both innovative and practical and who deliver great products and service.”