Compare Criteria
Hampshire Trust Bank
Mortgage Type
Bridging LendersProperty Value (min)
£133,333 - minimum loan has to be £100,000Advance (min)
£100,000
Advance (max)
£2,500,000 per property
Term (Max)
12 months - any longer is an exceptionMinimum Age
21 yearsMaximum Age
No maximumFamily Cash Gift Deposit
Yes, consideredFamily Gift of Equity Deposit
Yes, consideredIncome (min)
No minimum income required, but exit must be feasible.Restrictions
Extent of works: The works should not exceed more than £350,000.Refurbishment – Suitable uses
Decoration, light central heating and electrical work, internal re-configuration of non-load bearing nature, replacement windows/doors/flooring, full rewiring, installation of new bathrooms/kitchens
Refurbishment – Unsuitable uses
No works requiring planning permission, building regulations or re-configuration of load-bearing walls
Short Term Lending
Secured against residential security where there is no element of refurbishment or construction.
Developers Exit
Secured against recently completed and compliant residential security where the construction phase has completed – pending a sale.
Let to Buy (Turning Residential into Buy to Let)
NoEx-Local Authority Properties
Yes, consideredMinimum Ownership
None required.Permanent rights to reside and remain
Not requiredEx-Patriates
YesNew Builds
YesCredit Score
Yes – however only accounts for a small part of the overall decisionHistoric CCJ’s & Defaults
Considered on a case by case basis.Valuation Fees
Paid direct to lender at the lender fees scaleMaximum number of applicants
10Countries
England and Wales only.Access
Direct via a packager such as 3mc.
