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HTB Introduces AVM option to bridging proposition




Hampshire Trust Bank (HTB) has launched an AVM option as part of its short-term lending proposition.

Available for residential investment properties, including houses, low-rise flats and small HMOs, the AVM option supports property values between £250,000 and £1m, with a maximum gross LTV of 65%.


It is designed to reduce costs and improve turnaround times for scenarios such as auction purchases, portfolio transactions, and urgent completions.
 
Alex Upton, managing director of specialist mortgages and bridging at HTB (pictured above), said: “Our AVM option is all about helping brokers work smarter. By cutting costs and speeding up the valuation process, we’re enabling brokers to deliver seamless solutions for their clients under tight deadlines.

Lorenzo Satchell, Sales Director - Bridging Finance at HTB, added: “This is what brokers have been asking for: a faster, simpler, and more affordable valuation option. By listening to their feedback and introducing the AVM option, we’re giving brokers a practical advantage, especially when time is critical.”

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