HTB increases specialist buy-to-let loan sizes
Hampshire Trust Bank has increased the maximum loan size across its specialist buy-to-let range from £15m to £25m.
"We are very pleased to announce this significant increase in our maximum loan size across our specialist buy-to-let range."
Its specialist buy-to-let range includes products 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 allow DSS and sitting tenants.
Louisa Sedgwick, managing director of specialist mortgages at Hampshire Trust Bank, commented: “We are very pleased to announce this significant increase in our maximum loan size across our specialist buy-to-let range. 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.”
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