HTB increases maximum loan size on BTL mortgages

Its specialist offering includes limited company, HMOs, and semi-commercial

HTB increases maximum loan size on BTL mortgages

Hampshire Trust Bank (HTB) has enhanced its specialist buy-to-let offering by increasing its maximum loan amount from £15 million to £25 million.

HTB offers specialist buy-to-let mortgages for limited companies – trading, SPVs and new SPVs, offshore entities, expats and foreign nationals, and first-time landlords.

The bank provides lending on HMOs, MUFBs, semi-commercial, new build flats, short-term lets, plus allowing DSS and sitting tenants.

HTB said the increase on the maximum loan amount takes effect immediately.

“We are very pleased to announce this significant increase in our maximum loan size across our specialist buy-to-let range,” Louisa Sedgwick, managing director of specialist mortgages at Hampshire Trust Bank, commented. “It illustrates our appetite for larger loan sizes and cements our credentials as a serious player for property investors with larger portfolios.

“In our experience, writing specialist buy-to-let cases needn’t be complex, and so this enhancement, along with more changes that we have planned, is aimed at removing unnecessary barriers and making the complex as simple as possible.”