Commercial Mortgages team funds new acquisition

Sept. 30, 2016
Hampshire Trust Bank’s Commercial Mortgages has provided a £960,000 Developer Exit Finance facility to an experienced property investor, it says.Brokered by Surrey-based intermediary Bespoke Business Finance, the facility, which has an LTV of 60%, will refinance an existing investment property, releasing some of the equity for a new acquisition.Steve Williams, partner at Bespoke Business Finance, said: “Our client needed the …

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