Hampshire Trust Bank’s commercial mortgages team has launched a February fee incentive on its residential short-term lending product to brokers.
As part of the deal, which follows on the back of Christmas and New Year incentives, customers will receive a refund of the valuation fee up to a maximum of £1,000 and a £500 contribution towards legal fees, subject to terms and conditions.
This time the minimum deal size is £300,000, compared to £500,000 in the Christmas and New Year incentives.
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.
Anna Lewis, head of sales, commercial mortgages, at Hampshire Trust Bank, said: “Our recent Christmas and New Year incentives were popular with our brokers and we are delighted to launch this new deal, which is applicable to an expanded loan size.
“We have plenty of exciting plans in the pipeline, with more incentives to come. Hampshire Trust Bank is committed to continuing to enhance the products and service we provide to our intermediary partners.”