"It was a great collaborative effort across our team and with the broker, and I am pleased we were able to deliver exactly what was needed to support the borrower’s objectives"
- Tim Mycock - Hampshire Trust Bank
The loan is secured against multiple development sites located across the South East and the Midlands. Each site has planning consent in place, allowing for the future construction of a substantial number of new homes.
The borrower, a long-established investor with expertise in planning-led development, plans to use the finance to support the phased sale of approved sites to UK housebuilders, as well as its own housebuilding division.
According to HTB, the facility reflects its capacity to structure complex, high-value land deals. The bank offered both certainty of funding and flexibility to accommodate changing planning profiles and staged delivery. HTB worked with the borrower and broker to navigate a multi-entity ownership arrangement across a diverse geographic spread, closing the deal within weeks of the initial credit discussion. The bank has also signalled interest in funding the investor’s future pipeline.
GHJ Advisory introduced the transaction.
“This respected UK investor sought speed, accuracy and professionalism, all of which HTB delivered in spades,” said John Fay, director at GHJ Advisory. “GHJ Advisory was delighted to introduce this opportunity and collaborate with HTB in providing this significant facility for our long-standing and valued client. A great team effort by both the HTB central team and the GHJ broker.”
“This was a highly structured facility that needed to reflect both the composite nature of the portfolio and the needs of an experienced land investor,” explained Tim Mycock (pictured), lending director in HTB’s development finance team. “We were able to bring real clarity to the structuring while maintaining the flexibility the borrower required. It was a great collaborative effort across our team and with the broker, and I am pleased we were able to deliver exactly what was needed to support the borrower’s objectives.”
“There is strong demand in this market for lenders who can provide certainty and structure for land transactions,” noted Neil Leitch, managing director of development finance at HTB. “Investors need funding they can rely on, particularly where there are phased exits, evolving planning positions and multiple ownership layers involved. This is exactly where HTB can add value. I am pleased to see us continuing to support experienced land investors with a facility that meets their real-world requirements, and we look forward to building the relationship further.”
