The remortgage BTL and HMO deal applies to loans ranging from £200,000 to £1m and there is no application fee, subject to terms and conditions.

Hampshire Trust Bank commercial mortgages head of sales Anna Lewis said: “We are delighted to be launching another deal to our brokers.

“We are committed to continually improving our service and driving product enhancements wherever possible. We understand that this is a challenging time and want to help our brokers to make the most of opportunities in the remortgage BTL and HMO space.”

Last week the lender announced a short-term offer where customers would receive a refund of the valuation fee up to £1,000 and a £500 contribution towards legal fees.