HTB Specialist Mortgages revamps buy to let and semi-commercial offering



Hampshire Trust Bank (HTB) Specialist Mortgages has announced a refresh of its BTL and Semi-Commercial offering. The revisions are in response to feedback from its broker partners and provide clarity and simplification of the proposition.

Its rate card now provides rates for loans up to £5m, an increase from £3m previously. Loans from £5m to £15m will be priced on application. Other key features include:

For loan sizes between £500k and £5m rates start at 3.78% for 2 year fixed and 4.09% for 5 year fixed; and

The semi-commercial offering is expanded to allow properties where the residential value is at least 50% of the value of the whole property, previously only properties where the residential value was at least 60% were permissible.

Alex Upton, Sales Director at HTB Specialist Mortgages, commented:

“We already consider our lending offer to be market-leading in terms of flexibility and ability to cater for complex propositions however we always listen to feedback. This refresh gives our brokers additional certainty from the outset of what we can offer, empowering them to deliver fantastic and bespoke finance solutions to their clients.”