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Hampshire Trust rewards developers for early completion - May 8, 2012 Hampshire Trust has announced a new risk-based approach to pricing for its development loans.   The new pricing model delivers an interest rate more aligned to the risks of development projects and rewards developers for early completion by reducing the interest margin by up to 2% once the building work is completed and signed off.    Commenting on the revision, chief executive Mark Sismey-Durrant said “We are very pleased to be able to offer this type of pricing structure and believe it gives us a niche within the existing market.  Rather than taking a tick-box approach we aim to consider each case on its merits and price at a level to reflect risk in the transaction.”   Hampshire Trust continues to offer bridging and development finance nationally with loans granted from £50,000 to £1m over a three to 18 month term for residential properties. « Go Back © Business-Money.com Ltd

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