Anna Lewis

HTB enhances BTL and HMO lending criteria



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Hampshire Trust Bank (HTB) has updated the lending criteria on its buy-to-let and HMO five-year fixed rate products.

Minimum interest cover ratio (ICR) thresholds for residential BTL portfolio landlords have been reduced to 125% for companies and 140% for individuals.

Meanwhile, minimum ICR thresholds for HMOs with over six bedrooms have also decreased to 140% for companies and 155% for individuals.

Anna Lewis, head of sales – specialist mortgages at Hampshire Trust Bank (pictured above), said: “We are committed to the broker sector and to providing the financial solutions they need. 

“This is the latest enhancement we have made to our BTL and HMO product and we believe this will help our broker partners to better support their portfolio landlord customers. 

“We have more enhancements in the pipeline.”

HTB has also announced the appointment of Richard Winston as business development manager in the specialist mortgages team.

“We are delighted Richard has joined us, he is an excellent addition to our team,” Anna added.

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