Hampshire Trust Bank launches new BTL and HMO deal

Hampshire Trust Bank’s Commercial Mortgages team has cut its remortgage buy-to-let (BTL) and house in multiple occupation (HMO) 5 Year Fixed Rate to 3.99%.

This comes a week after the specialist bank launched a fee incentive on its residential short term lending product to brokers. As part of the remortgage BTL and HMO deal, which is applicable to loans ranging from £200,000 to £1m, there is no application fee, subject to terms and conditions*.

The Commercial Mortgages team offers bridging and term finance secured against buy-to-let, semi-commercial and commercial property with loan amounts from £100,000 to £2.5m.

Anna Lewis, Head of Sales, Commercial Mortgages, at Hampshire Trust Bank, said:

“We are delighted to be launching another deal to our brokers. We are committed to continually improving our service and driving product enhancements wherever possible.”

We understand that this is a challenging time and want to help our brokers to make the most of opportunities in the remortgage BTL and HMO space.

Any property used as security may be repossessed if loan repayments and other obligations are not met.

For more information on our Commercial Mortgages team.

*See the Remortgage BTL and HMO 5 Year Fixed Rate product guide

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