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.
Advance notice: withdrawal of 3.25% BTL Large Loan Special
As one of our valued broker partners, I wanted to give you advance notice that we have taken the decision to withdraw our hugely popular 3.25% BTL Large Loan Special product.
We always endeavour to give you at least 48 hours’ notice to allow you to manage expectations accordingly, so this is to let you know the above product will no longer be available after close of business on Wednesday 10th March. Of course, we will be honouring any applications and DIPs in progress up until that time.
We will continue to keep a close eye on the market and listen to your feedback with a view to delivering additional new product innovation during the course of 2021.
This change does not affect any of our other products or pricing: we are still offering our full range of lending options to help provide solutions to your clients with complex needs. To download our latest rate card, please click below:
I’ll take this opportunity to remind you that as specialist in the complex, we are able to provide lending solutions for limited companies, expats, trusts on and offshore as well as foreign nationals. We can also lend on semi-commercial & holiday lets, helping your clients to diversify their portfolios.
A reminder of recent lending innovations:
- Our 5:2 product, gives your clients the certainty and leverage provided by a five-year fix with the flexibility of a two
- Our Refurb IN Term product, allows a borrower to wrap-up a light refurbishment into their normal term arrangement.
Thank you for your understanding and your continued business and support.