We have added a 3-year fixed rate to our suite of fixed lending products. We now offer 2-year, 3-year and 5-year fixed rates, as well as variable rate lending, to personal and commercial clients. Rates can be offered on a capital and interest, interest only and part and part basis.
Hampden & Co specialises in meeting the often-complex borrowing needs of high-net-worth individuals and their businesses. Lending at the new 3-year fixed rate is available for a range of needs including residential, guarantor, self-build, retirement, multi-property and buy-to-let.
Mark Plummer, Head of Private Banking, London, at Hampden & Co, said: “We tailor lending to the specific needs of our clients. Adding a 3-year fixed rate provides clients with another option to help match their borrowing to their circumstances over the medium term.”
In its half year results for 2024, the bank announced total lending increased by 20.4 percent year-on-year to £555 million (H1 2023: £461m), on the back of strong support from mortgage intermediaries. The bank registered a pre-tax profit of £4.2 million on total income of £14.9 million as it benefitted from demand for both lending and deposits.
All borrowing is subject to status and is available to persons of 18 or over. Security may be required for borrowing in the form of a charge or standard security over land, or other forms of security over your investments or other assets.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.