Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.
HTB Updates Semi-Commercial Loans with New Rates and 65% LTV Option
Hampshire Trust Bank (HTB) has enhanced its semi-commercial loan offering by introducing a new pricing band for loans between £250,000 and £1 million, with rates starting from 6.64%. The bank has also added a 65% loan-to-value (LTV) range, with rates from 6.24%.
These changes provide brokers with additional options across different loan sizes and LTVs for semi-commercial property cases. The updates are designed to support mixed-use investment transactions within the specialist property market.
HTB’s new pricing options are available immediately across its semi-commercial proposition. The bank stated that these enhancements are part of its ongoing efforts to adapt its offerings to the needs of brokers and their clients in the mixed-use property sector.
For letting agents and inventory clerks, these changes may impact the financing landscape for landlords and investors involved in mixed-use properties, potentially influencing demand and transaction activity in this segment of the UK property market.
Source: Mortgage Solutions