Alex Upton

HTB completes £1.7m loan for student accommodation in the North East

Hampshire Trust Bank’s (HTB) specialist mortgages division has completed a £1.7m complex loan for a Kenyan investor.

The loan was used for the purchase of a block of student flats in the North East.

The client was introduced by Waugh McDonald Wealth Management.

Alex Upton, sales director of specialist mortgages at HTB (pictured above), said: “This case is a great example of our dedication to our introducers and their clients.

“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.”

John Dickson at Intelligent Commercial Finance Limited added: “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.”

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