Specialist lender Hampshire Trust Bank (HTB) has released a special edition buy-to-let five-year fixed rate to offer increased product choice and affordability to clients who are refinancing.
The product has a rate of 5.99 per cent and is available for loans between £100,000 to £1m.
The deal comes with a five per cent arrangement fee which can be added to the loan.
The minimum interest coverage ratio (ICR) and early repayment charges (ERCs) are applied to the deal as standard.
The lender said this product would provide more choice across its range and allow increased affordability for clients looking to refinance.
Chris Daly (pictured), managing director of specialist mortgages at HTB, said: “Our new buy-to-let 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 buy-to-let investors with their affordability challenges, and this Special Edition takes this one step further.”
He added: “Our broker partners can now access a range of products to suit their clients’ needs, all safe in the knowledge that our broad criteria, quick decisions and market leading customer service remains.
“This means we’re truly able to deliver for our brokers, all whilst championing and supporting small property investors.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.