Hampshire Trust Bank tweaks semi-commercial criteria

Published on

Hampshire Trust Bank (HTB) has made changes its semi-commercial lending criteria following feedback from brokers.

The bank has adapted the ratio of commercial to residential to 50:50 to match the requirements of brokers and open the door to more semi-commercial lending opportunities.

HTB can deal with a wide variety of complex assets, including pubs, barbers, betting shops, offices and more. With this criteria change, they will be able to consider an increased number of properties with living accommodation above commercial premises.

It will lend up to £15m and 75% net loan to value (LTV). There are no minimum income or maximum age requirements and HTB will lend to limited companies, ex-pats, trusts and offshore vehicles and foreign nationals.

Marcus Dussard (pictured), sales director at Hampshire Trust Bank, said: “At Hampshire Trust Bank we constantly listen to feedback from brokers and today’s change is the direct result of that. The criteria change means we can lend on an increased number of properties and assets and highlights our appetite to lend in the semi-commercial space.

“Unlike many lenders in this market, we consider the commercial and the residential income for both investment and owner-occupied commercial properties due to our years of expertise and flexible underwriting approach in the specialist arena.

“We have a number of further enhancements to our offering lined up as we continue to meet the demands of brokers and their clients.” 

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

Access FS appointment to lead recruitment strategy

Access Financial Services has appointed Rob Jarvis as business development manager, tasking him with...

Accord Mortgages cuts residential rates by up to 0.40%

Accord Mortgages has cut rates on a broad range of residential products, with some...

Construction output rises in Q2 but new orders slump

UK construction output rose in the second quarter of 2025 but a sharp fall...

Atom bank lowers prime and near prime rates again

Atom bank has announced further rate cuts across its prime and near prime mortgage...

Mortgage arrears fall but possessions edge higher

Mortgage arrears across both the homeowner and buy-to-let sectors fell in the second quarter...

Latest publication

Latest opinions

Right of Light risks: a looming shadow over construction projects

Gone are the days when a Right of Light infringement could be swiftly dealt...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

Other news

Economic uncertainty weighing on business borrowers

Taken as a whole, Atom bank’s SME Pulse for Q2 shows the current robust...

Access FS appointment to lead recruitment strategy

Access Financial Services has appointed Rob Jarvis as business development manager, tasking him with...

Accord Mortgages cuts residential rates by up to 0.40%

Accord Mortgages has cut rates on a broad range of residential products, with some...