HTB joins finova panel to offer more specialist lending options

By: ameer@trustedteam.com

Finova Payment & Mortgage Services has added Hampshire Trust Bank to its panel to offer members more specialist lending options during these ‘challenging economic times’.

HTB provides professional investors with specialist residential loans up to £25m for limited companies, offshore entities, expats and foreign nationals, as well as mixed use portfolios and semi-commercial properties.

It recently reduced five-year fixed rates by up to 130 basis points, as well as extending ‘ERC Plus’ and ‘ERC Lite’ options across two-year and five-year fixed-rate specialist buy-to-let, HMO, MUFB and semi-commercial ranges.

Head of finova Payment & Mortgage Services Melanie Spencer says: “We’re very pleased to welcome HTB to our panel, offering more specialist lending options during these challenging economic times.

“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.”

Hampshire Trust Bank head of intermediary distribution Sally Wright adds: “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.”

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