HTB joins Paradigm lender panel



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Paradigm Mortgage Services has added Hampshire Trust Bank (HTB) to its lender panel.

Paradigm member firms will now have access to HTB’s range of specialist funding solutions, including bridging, BTL, refurb-to-let and auction purchase finance.

HTB’s residential bridging finance range is available for loans up to 75% gross LTV, with dual legal representation, no ERCs and a service aim of 21 days from application to completion.

Meanwhile, HTB’s BTL suite offers loans up to £15m at maximum 75% LTV (arrangement fees can be added to the loan), with no maximum age, no minimum income, and fixed rates available for both two- and five-year terms. 

The specialist lender provides BTL finance for large and small portfolios, holiday lets, HMOs, properties with sitting tenants and new-build flats for limited companies (trading and SPV), expats, trusts and offshore clients, as well as foreign nationals.

It also lends on semi-commercial properties up to 75% LTV with a flexible rental cover requirement and top slicing of income available — most commercial businesses are accepted as long as the residential element of the property is 60% of the value.

John Coffield, head of mortgages at Paradigm Mortgage Services, said: “HTB has been growing its lending presence in both the BTL and bridging sectors in recent months, and its flexible approach and focus on looking at each case individually, is a real positive for our member firms and their clients. 

“Active across England and Wales, with an enhanced range of product solutions, we are looking forward to working with the HTB team and introducing its products and service to our members.”

Scott Phillips, national account manager at HTB (pictured above), added: “I’m delighted to be launching with Paradigm and look forward to working with the excellent Paradigm team again. 

“We are aiming to support Paradigm’s ever-increasing base of specialist intermediaries. 

“HTB has carefully expanded its reach to highly-qualified broker audiences, and our specialist proposition will have resonance with those seeking to deliver against complex lending challenges as well as more straightforward cases.”

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