John Eastgate, who joined earlier this month from OneSavings Bank, is managing director of the newly created Property Finance Division.
It’s available across its non-refurbishment short-term loans, specialist buy-to-lets, including large loans, and commercial investment product ranges.
It instantly interrogates property boundaries and ownership data, allowing property lawyers to make immediate assessments and act earlier for their clients. The service draws together HM Land Registry (HMLR) datasets to provide property lawyers with an instant visual representation of title information.
Hampshire Trust provides a range of specialist buy-to-let products, including products for portfolio landlords, student accommodation, landlords with DSS tenants, Houses of Multiple Occupation (HMOs), holiday lets and expats.
It has promoted sales advisor Ewan Duncan from sales advisor to business development manager and Luke Hosea from senior sales advisor to sales manager.
Glenhawk has enjoyed a strong start to 2019, originating a record £200m of enquiries
The programme is supported by Goldman Sachs Private Capital and was originally launched in January 2017 to fund the origination of residential and commercial bridging loans.
Interestingly the top searches within equity release have shifted in recent months from factors affecting the loan to considerations relating to the property itself.
The mortgage is available throughout the UK including Northern Ireland with a loan size between £150,000 and £750,000. The product is designed to support owner occupier borrowers and commercial landlords who have identified new investment property and seek quick access to funding, offering flexible repayment options including interest-only, repayment or part and part.
Around 30% of consumers miss out on cheaper mortgages that are just as suitable, costing them an estimated £550 a year.