Hampshire Trust Bank (HTB) has enhanced its semi-commercial proposition with the introduction of a new price range for loans between £250,000 and £1 million, with rates of 6.64%, in addition to a new loan-to-value (LTV) range of 65% with rates of 6.24%.
The introduction of a special pricing margin for loans between £250,000 and £1 million, in addition to the new 65% LTV range, will give brokers more choice between loan sizes and LTVs when listing semi-commercial business, according to HTB.
The new pricing options are immediately available for HTB’s semi-commercial offering.
Commenting on the new capabilities, HTB, Managing Director, Specialist Mortgages & Bridging Finance, Alex Upton said: “Regular proposition reviews are an important part of the way we operate as a specialist lender.
“Semi-commercial remains an important part of the conversations we have with agents, and those conversations continue to evolve. We see a wide range of mixed-use cases emerging, and it’s important that our proposal adapts to support these.”