HTB Specialist Mortgages completes £1.7m student accommodation loan

By Bridging Loan Directory 15th January 2020

Hampshire Trust Bank (HTB) Specialist Mortgages division is pleased to announce it has completed a £1.7m complex loan for the purchase of a block of student flats for a Kenyan investor resident between the UK and Kenya.

Alex Upton, pictured, Sales Director, Specialist Mortgages said:

“It is simple for a bank to market foreign national lending, but seamless and sustainable delivery is another matter especially against the tight timetable needed for this purchase. This case is a great example of our dedication to our introducers and their clients.”

John Dickson at Intelligent Commercial Finance Limited said:

“Intelligent Commercial Finance works with many banks and lending institutions when assisting clients with their finance requirements. Rarely have we seen such dedication, specialist know-how and efficiency from a commercial lending bank when challenged with what was a highly complex and technical case. The team at HTB tackled the difficult bits first, dealt with problems quickly, used efficient systems and processes and worked with professional cheerfulness throughout.

“The client was introduced by Waugh McDonald Wealth Management whose strategic advice provided the basis for the transaction and whose in-depth knowledge of the client’s portfolio and circumstances contributed to the efficiency of completion.”