Hampshire Trust Bank (HTB) has enhanced its specialist buy-to-let offering, which includes Limited Company, HMOs and Semi-Commercial, by increasing its maximum loan amount to £25m from £15m.
The change takes place with immediate effect.
HTB provides 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 allow DSS and sitting tenants.
Louisa Sedgwick, Managing Director, 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.”