Alex Upton

HTB specialist mortgages refreshes semi-commercial and BTL offering



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Hampshire Trust Bank (HTB) specialist mortgages has revised its BTL and semi-commercial offering.

It now provides rates for loans up to £5m, an increase from £3m previously.

Loans from £5m–15m will be priced on application.

For deals between £500,000 and £5m, rates start at 3.78% for two-year fixed and 4.09% for five-year fixed.

In addition, the semi-commercial offering has been extended to include properties where the residential value is at least 50% of the value of the whole property.

Previously, residential value had to be at least 60% to be admissible.

Alex Upton, sales director at HTB specialist mortgages (pictured above), 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.”

Last year, HTB’s specialist mortgages division reduced its minimum loan size from £200,000 to £100,000.

In addition, the specialist bank has implemented e-signatures for its mortgages to enable borrowers to quickly and easily e-sign and return their offers using mobiles, tablets and desktops.

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