Here is an update from the BTL and Commercial Mortgage lender, Hampshire Trust Bank. For full details see their latest product information here. This is a packaged only lender so give our team a call and we can talk you through any enquiries you may have.
HTB Announcement
New Semi-Commercial Rates from 5.89%
With the property market still navigating a landscape of interest rate changes and shifting landlord strategies, having the right financing options has never been more crucial. That’s why I’m excited to share some timely updates from HTB that could give you and your clients a real edge.
We’ve lowered our semi-commercial rates by up to 30 basis points, and these new rates, starting from 5.89% are available from today for loans ranging from £1M to £5M. We’ve listened to what our brokers have been telling us, and these changes are all about giving you more flexibility to support clients who are looking to diversify their portfolios, particularly those moving into semi-commercial properties.
As landlords face more challenges in the traditional buy-to-let market, many are looking towards semi-commercial investments to diversify and explore different strategies. Whether they’re experienced investors or exploring new avenues, access to competitive rates is key to keeping deals flowing and maintaining strong serviceability. We want to ensure you have the right options to help your clients make the most of these opportunities.
We’ve recently updated our Buy-to-Let refinance criteria, particularly for £ for £ refinances. For 2-year fixed rates, we’re now applying the same serviceability criteria at the pay rate, with no additional loading. This means no extra stress-testing for 2-year fixes, making refinancing simpler and more straightforward for your clients.
Whether its helping landlords diversify their investments or making refinancing easier, we’re here to help make things happen. If you’d like to chat through these updates or have any questions, just get in touch with your BDM.