Hampshire Trust Bank enhances short-term lending product
Hampshire Trust Bank has enhanced its short-term lending product in response to broker feedback.
The bank has increased the maximum LTV offered on its short-term lending product from 70 – 75%, including interest roll up and fees.
Anna Lewis, head of production, commercial mortgages at Hampshire Trust Bank, said: “We listened to our brokers and enhanced our short term lending product in direct response to their feedback.
“In October the commercial mortgages team had its busiest month on record and it achieved this while still upholding its broker service standards, which is key for us.
“We expect to be announcing more enhancements and improvements in the coming months.”