Hampshire Trust cuts fees on short-term deals

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  • 06/12/2017
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Hampshire Trust cuts fees on short-term deals
Hampshire Trust Bank has cut valuation fees and will contribute towards legal fees on commercial mortgage loans.

The lender said as part of its special deal customers will receive a refund of the valuation fee up to a maximum of £2,500 and a contribution of £500 towards legal fees, subject to terms and conditions.

The Commercial Mortgages team offers bridging and term finance secured against buy-to-let, semi-commercial and commercial property with loan amounts from £100,000 to £2.5m.

Hampshire Trust Bank commercial mortgages head of production Anna Lewis said: “We are delighted to launch this new deal ahead of Christmas as a special thank you to our brokers.

“We are focused on continuing to improve the service and products we provide to intermediaries and have plenty of exciting plans in the pipeline which are designed to help support the growth of their businesses in 2018 and beyond.”

The lender tweaked its short-term lending product last month but has also seen its head of commercial mortgages depart and CEO also announce his retirement.

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