HTB brings out special edition BTL deal

By: ameer@trustedteam.com

Hampshire Trust Bank has introduced a special edition five-year fixed buy-to-let deal at 5.99%.

The new product is available on loans between £100,000 and £1m and has a 5% arrangement fee which can be added to the loan.

The minimum interest cover ratio (ICR) and early repayment charges (ERCs) are standard.

The specialist lender offers products for limited companies, offshore entities, expats and foreign nationals, as well as mixed use portfolios and semi-commercial properties.

Hampshire Trust Bank managing director Chris Daly says: “Our new BTL special edition is another example of HTB’s ability to evolve our product offering based on valuable broker feedback. Our ERC Lite and ERC Plus products have shown a strong demand for higher-fee, lower-rate products to support BTL investors with their affordability challenges, and this Special Edition takes this one step further.”

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