Hampshire Trust Bank opens Northern headquarters in city centre
The development finance division of Hampshire Trust Bank has announced it is opening a new Northern headquarters in Leeds city centre.
HTB’s development finance division completed its first loan in September 2014, and has since become established in London and the South East.
The division has also been operating in the North for nearly two years. in 2018 alone, the Northern team sanctioned over £127m in loans spread across 40 borrowers.
North of England operations are led by Neil Leitch, a director in development finance. He is currently supported by David Whitehouse, regional lending manager (Yorkshire and The Humber) and Paul Fellowes, regional lending manager (Manchester and The North West).
The new Leeds office will be focused on expanding HTB’s presence in that region, including the North East, the North West, Yorkshire and Humber.
David Alcock, managing director (development finance) at HTB, said: “We have witnessed huge growth in London and the South East and now feel it is the right time to expand our on the ground operations in the North of England, a region that has traditionally been under-banked in property development lending.
“Today’s announcement is the culmination of nearly two years planning by the team and I have every confidence that we will replicate our success in this key regional hub. In Neil, we have an experienced property finance professional who possesses a deep understanding of that region.
“The North of England has huge untapped potential. Our deep understanding of the property finance market, coupled with our new Leeds HQ, positions us well to become the go to lender for SME housebuilders throughout the region. HTB’s DNA is excellence through specialism and in Neil, David, Paul and the rest of the Development Finance division, we have the right ingredients in place to offer clients an unparalleled service.”
