Hampshire Trust Bank partners with finova

Hampshire Trust Bank has joined the lender panel of finova Payment and Mortgage Services.

finova members now have access to HTB’s specialist mortgage proposition which provides landlords with specialist loans up to £25m for limited companies, offshore entities, expats and foreign nationals, as well as mixed use portfolios and semi-commercial properties.

The lender recently made enhancements to its offering, reducing five-year fixed rates by up to 130 basis points and simplifying bandings into three levels: £100k - £1m; £1m - £5m and £5m+.

HTB’s recently launched ‘ERC Plus’ and ‘ERC Lite’ options have also been extended across both two and five-year fixed rate specialist buy-to-let, HMO and MUFB and semi-commercial ranges.

Melanie Spencer, head of finova Payment & Mortgage Services, said: “Our mortgage panel has never been stronger with the addition of Hampshire Trust Bank. At a time when landlords are struggling with affordability, its specialist products provide much needed options for brokers, helping them to select the right product to meet their clients’ requirements.

“We’re very pleased to welcome HTB to our panel, offering more specialist lending options during these challenging economic times.”

Sally Wright, head of intermediary distribution at Hampshire Trust Bank, added: “I’m very pleased that HTB is now working with finova. We choose our partners carefully because it’s the quality not quantity of relationships that counts. At HTB we strive to support our intermediaries by providing the best possible service and complex solutions available.

“Members of finova’s growing mortgage club can now access HTB’s innovative product range that offers flexibility and a real ‘common sense’ approach.”