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Hampshire Trust cuts buy-to-let and HMO rates

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  • 12/02/2018
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Hampshire Trust cuts buy-to-let and HMO rates
Hampshire Trust Bank has cut its remortgage buy-to-let (BTL) and houses in multiple occupation (HMO) five-year fixed rate to 3.99%.

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.

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Owain Thomas is features and contributing editor of Mortgage Solutions and editor of Specialist Lending Solutions. He also has experience in the protection, pensions, workplace benefits and HR areas. Owain has won two Headline Money Awards and the Protection Review's Journalist of the Year award.

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