HTB Specialist Mortgages increases lending up to £15m at 75% LTV

Hampshire Trust Bank (HTB) Specialist Mortgages have announced a number of changes that will take place with immediate effect.

The changes are:

increasing maximum LTV to 75% for all loan sizes (i.e. up to £15m);
reducing minimum ICRs to pre COVID 19 levels for all deals; and
recommencing lending on Holiday Lets.

HTB Specialist Mortgages increases lending up to £15m at 75% LTV

Marcus Dussard, HTB

Marcus Dussard, Sales Director, Specialist Mortgages added:

“Throughout the last few months, we have been steadfast in support for our brokers. To all intents and purposes, we have been operating a full service, albeit with some changes to our appetites. I’m excited the changes announced today which mean we can continue to support the market from the front”.

Read more information on HTB’s specialist mortgages division here.

Kindly shared by Hampshire Trust Bank (HTB)

Main article photo courtesy of Pixabay