The lender said these changes would give experienced brokers more flexibility to grow their portfolios.
The update also forms part of HTB’s strategy to enhance its specialist mortgage proposition to align with how experienced landlords approached HMO investment.
Alex Upton, managing director of specialist mortgages and bridging finance at HTB, said HMOs were an “important part” of the professional landlord market and the lender was seeing evidence of this in its conversations with brokers.
“What has changed is the way experienced landlords are approaching them. Increasingly, they’re thinking beyond an individual purchase and focusing on how each investment supports the long-term growth of their portfolio,” Upton said.
She said HMOs played an “important role” in long-term portfolio strategies because they delivered resilient income and met demand for high-quality shared accommodation.
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Upton added: “Increasing maximum HMO lending to 80% LTV reflects the way experienced landlords are investing today, giving brokers greater flexibility to support clients who are thinking strategically about leverage, liquidity and future investment opportunities.
“As the market continues to evolve, we’ll continue developing our proposition to ensure brokers have the specialist support they need to help professional landlords achieve their long-term ambitions.”
Andrea Glasgow, sales director of specialist mortgages and bridging finance at HTB, said different funding solutions were needed to reflect varying landlord strategies and brokers were taking this into consideration.
She added: “Having access to 80% LTV on eligible HMO applications gives brokers another practical option when structuring those cases. Combined with our specialist underwriting, experienced decision-making and collaborative approach, it gives them greater confidence to build funding solutions around a client’s long-term objectives rather than simply a single transaction.”
