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.
Reduction of price for loans from £200k to £500k across entire BTL range by 30/40 bps
I’m pleased to be able to tell you we are reducing the price for loans from £200k to £500k across our entire BTL range by 30/40 bps. You can view the rate card effective immediately by clicking on the tab below.
We continually review our lending opportunities to ensure you have the best solution from HTB and I wanted to give you the best opportunity to offer these competitive rates to your clients as soon as possible.
This may be a good time to remind you that as your specialist lender, we are able to help you with complex loans: providing lending solutions for limited companies, expats, trusts on and offshore as well as foreign nationals and we don’t have different pricing range between criteria points. We can also lend on semi-commercial & holiday lets helping your clients to diversify their portfolios.
We can offer a number of lending solutions for the complex:
- Free your clients from the restrictions of ASTs: you can be free of AST restrictions with HTB – for example; if your client uses their property through booking sites, for contractors on a short-term need or for families needing a base for a few months: we can take this into consideration to meet the ICR.
- Our 5:2 product, giving your clients the certainty and leverage provided by a five-year fixed term with the flexibility of a two year.
- Our recently launched Refurb IN Term product, allows a borrower to wrap-up a light refurbishment into their normal term arrangement.