HTB adds AVM option to bridging proposition

Published on

Hampshire Trust Bank (HTB) has introduced an Automated Valuation Model (AVM) option to its short-term lending offering.

The feature offers brokers a quicker, more cost-effective way to secure valuations for time-sensitive transactions.

Available for residential investment properties, including houses, low-rise flats and small HMOs, the AVM option supports property values between £250,000 and £1 million, with a maximum gross Loan-to-Value (LTV) of 65%.

It is designed to reduce costs and improve turnaround times for scenarios such as auction purchases, portfolio transactions, and urgent completions.

Alex Upton, HTB

Alex Upton, managing director – specialist mortgages & bridging at HTB, said: “Our AVM option is all about helping brokers work smarter. By cutting costs and speeding up the valuation process, we’re enabling brokers to deliver seamless solutions for their clients under tight deadlines.

“At HTB, we don’t just adapt to the market – we evolve to make brokers’ jobs easier and help them thrive.”

Lorenzo Satchell (main picture), sales director – bridging finance at HTB, added: “This is what brokers have been asking for: a faster, simpler, and more affordable valuation option.

“By listening to their feedback and introducing the AVM option, we’re giving brokers a practical advantage, especially when time is critical. It’s another way HTB is making a real difference for 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

BuildLoan launches World Cup predictor for brokers

BuildLoan has launched a World Cup prediction competition for UK mortgage brokers, with cash...

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

Investor backs secondary retail prospects with Essex acquisition

An investor has highlighted the continuing appeal of well-located secondary retail assets after completing...

The Mortgage Works signals buy-to-let rate reductions

The Mortgage Works is cutting rates by up to 0.22 percentage points across selected...

Accord reduces residential and buy-to-let rates

Accord Mortgages is cutting rates across its residential and buy-to-let ranges. The intermediary-only lender said...

Latest publication

Other news

BuildLoan launches World Cup predictor for brokers

BuildLoan has launched a World Cup prediction competition for UK mortgage brokers, with cash...

FRP arranges £4.1m refinance for York student accommodation scheme

FRP Real Estate Advisory has arranged a £4.1m commercial term facility to refinance a...

Investor backs secondary retail prospects with Essex acquisition

An investor has highlighted the continuing appeal of well-located secondary retail assets after completing...