Glovers has recently advised Hampshire Trust Bank’s Specialist Mortgages division in connection with their largest deal to date.
The bank has provided a £15m loan to an experienced landlord, which has been secured over a multi-let portfolio of 8 properties in East London.
The Glovers team was led by Darran Smith, the head of the firm’s property finance department, with support from a team of transactional commercial property and property finance specialists.
Commenting on the deal Darran said: “This transaction highlights our strength in depth across the firm and our ability to efficiently deal with large and complex portfolio deals. We look forward to assisting our lender clients on future portfolio secured lending transactions.”
For further information, please contact Darran Smith