The loan was secured against 11 apartments, where Mark Sismey-Durrant, Chief Executive Officer at Hampshire Trust Bank, described the development as “highly-desirable”.

 

“At Hampshire Trust Bank we are interested in working in partnership with experienced property professionals and brokers that truly understand the market in which they operate and can identify opportunities when they see them.

 

“This is the first time we have worked with this experienced, family firm and we look forward to continuing to support them in the future.”

 

Last month, Hampshire Trust Bank announced the appointment of Colin Stevens as Head of Bridging following the appointment of Colin Bell from OneSavings Bank, who was brought in to head up the lender’s commercial mortgages expansion.