HTB completes three deals in TPFC partnership

Hampshire Trust Bank (HTB) has completed three complex deals in partnership with The Property Finance Collective (TPFC) in just over three days, totalling close to £20m.

The deals included a £6.1m refinance deal on a newly built development, encompassing 40 residential units and one retail unit, an £11.9m development loan supporting the first phase of a significant development, initially encompassing 49 units, and a £1.8m development exit bridging loan of a project involving the conversion of the upper floors of a property into seven apartments.

The projects were arranged by TPFC’s Michael Primrose and Adam Powell, with HTB’s team working closely with the firm to navigate lease complications and legal delays.

Business development manager for specialist mortgages at HTB, Mark Newman, said: "The refinance case highlighted the strength of collaboration between HTB and TPFC. Working together, we submitted the deal and issued an offer within eight working days, demonstrating our commitment to speed and deliverability.

"Facing a tight deadline to redeem an existing loan, we moved quickly, even accepting an existing valuation to expedite the offer. TPFC’s in-depth understanding of the case and proactive support made the process smoother for the client. Despite some final complexities, we successfully completed on time, reflecting HTB’s drive to deliver for our clients."

Primrose added: "I’m incredibly proud that we were able to close these three significant deals with HTB. Completing nearly £20m in such a short timeframe is a major achievement for us and marks an important milestone as TPFC establishes itself as a broker to watch. Working with HTB on deals of this complexity requires a team that’s both knowledgeable and creative, and we’re fortunate to have that in spades."



Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?

The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.

Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?



In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.

The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.

In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.