Hampshire Trust Bank cuts rates for buy-to-let and HMO

Hampshire Trust Bank’s commercial mortgages team has cut its remortgage buy-to-let and (HMO) 5-year fixed rate to 3.99%.

Hampshire Trust Bank cuts rates for buy-to-let and HMO

Hampshire Trust Bank’s commercial mortgages team has cut its remortgage buy-to-let and (HMO) 5-year fixed rate to 3.99%.

The deal is applicable to loans ranging from £200,000to £1m, there is no application fee and it is subject to terms and conditions.

Thecommercialmortgages team offers bridging and term finance secured against buy-to-let, semi-commercial and commercial property with loan amounts from £100,000 to £2.5m.

Anna Lewis, head of sales, commercial mortgages, at Hampshire Trust Bank, 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.”

The commercial mortgages team offers bridging and term finance secured against buy-to-let, semi-commercial and commercial property with loan amounts from £100,000 to £2.5m.