Hampshire Trust Bank unveils improved mortgage LTVs, rates and loan sizes

Hampshire Trust Bank has increased the loan-to-value (LTV) ratio and reduced the rates on its buy-to-let (BTL), home in multiple occupation (HMO) and semi-commercial fixed rate mortgages.

In addition, it has increased the maximum loan size on these products to £5m. Larger transactions are considered on a case by case basis.

As part of the revamp, the bank has increased the LTV ratio to 75% on its BTL and HMO 2 year fixed rate and semi-commercial fixed rate mortgages portfolio, introducing reduced rates that start from 3.98%. This follows a recent enhancement to its BTL and HMO 5 year fixed rates. For full details see our buy-to-let and HMO 2 year fixed rates and semi-commercial fixed rates product guides.

Matthew Wyles, Chief Executive Officer at Hampshire Trust Bank, said:

The bank is now announcing a significant widening of its proposition and its target market, particularly in terms of our appetite for larger transactions. We have the skills, systems and strength to evolve rapidly into a leading player in specialist lending.

Hampshire Trust Bank provides specialist mortgage solutions for a wide range of real estate assets including development exits, BTL portfolios (including HMO), and purpose built student accommodation and semi-commercial mortgages with loan amounts of up to £5m and commercial mortgages with loan amounts of up to £2.5m.

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

Find out more about Hampshire Trust Bank’s Specialist Mortgages division.

For full details see our buy-to-let and HMO 2 year fixed rates and semi-commercial fixed rates product guides.

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