The range has three product focuses; FLOWbridge, FLOWrefurb, and light development.
Related topic: Bridging
The lender has streamlined its proposition into four product options.
The new hires will help improve customer service levels, ensure the Bank’s processes are quick to adapt to market changes, and monitor Consumer Duty principles.
The minimum drawdown is £50,000, with up to five drawdowns allowed across the duration of the scheme.
Lorenzo joined HTB in January this year as head of sales for bridging.
The Bank has restructured its bridging underwriting function into two dedicated teams.
Iona will be working with Bridge Help’s broker network.
The term of bridging cases with a sales exit strategy has been extended to 18 months as part of the changes.
Lorenzo Satchell, head of bridging finance sales at Hampshire Trust Bank, explores the rise in popularity of bridging lending in the current climate and why diverse funding models will...
The average monthly interest rate jumped to a three-year high.