Hampshire Trust Bank increases maximum BTL loan size

Published on

Hampshire Trust Bank (HTB) has enhanced its specialist buy-to-let offering, which includes Limited Company, HMOs and Semi-Commercial, by increasing its maximum loan amount to £25m.

It was previously limited to £15m.

The change takes place with immediate effect.

HTB provides specialist buy-to-let mortgages for limited companies (trading, SPVs and new SPVs), offshore entities, expats and foreign nationals and first-time landlords. The Bank provides lending on HMOs, MUFBs, semi-commercial, new build flats, short-term lets, plus allow DSS and sitting tenants.

Louisa Sedgwick (pictured), managing director, specialist mortgages at Hampshire Trust Bank, said: “We are very pleased to announce this significant increase in our maximum loan size across our specialist buy-to-let range. It illustrates our appetite for larger loan sizes and cements our credentials as a serious player for property investors with larger portfolios.

“In our experience, writing specialist buy-to-let cases needn’t be complex and so this enhancement, along with more changes that we have planned, is aimed at removing unnecessary barriers and making the complex as simple as possible.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Borrowers lean towards short-term deals as rate cuts loom, says Family Building Society

A growing number of UK mortgage borrowers are shunning five-year fixed deals in favour...

ModaMortgages offering zero fee options at 80% LTV

ModaMortgages has broadened its buy-to-let range by introducing new £0 fee products at up...

Fleet Mortgages unveils £1,000 cashback and rate cuts on HMO buy-to-let products

Fleet Mortgages has announced fresh rate reductions across its five-year fixed-rate HMO and multi-unit...

Coventry for intermediaries reduces residential and buy-to-let fixed rates

Coventry for intermediaries has announced rate reductions across selected fixed mortgage products, offering brokers...

Other news

Borrowers lean towards short-term deals as rate cuts loom, says Family Building Society

A growing number of UK mortgage borrowers are shunning five-year fixed deals in favour...

ModaMortgages offering zero fee options at 80% LTV

ModaMortgages has broadened its buy-to-let range by introducing new £0 fee products at up...

Fleet Mortgages unveils £1,000 cashback and rate cuts on HMO buy-to-let products

Fleet Mortgages has announced fresh rate reductions across its five-year fixed-rate HMO and multi-unit...
Advertisement