Hampshire Trust Bank (HTB) Specialist Mortgages division has launched a 5:2 fixed rate product, providing additional flexibility for brokers and their clients.
Alex Upton (pictured), commercial director, specialist mortgages at HTB, said the 5:2 product offers the best of both worlds for borrowers.
“I’m really excited to announce this new solution – it allows brokers to offer the best of both worlds to their clients. The borrower can get the certainty and leverage provided by a 5-year fix with the flexibility of a two.
“This enables more control in managing their portfolio as plans change and opportunities arise”.
“This is also about getting back to normality. Yes, this is a difficult time with unusual challenges, but we need to stop navel gazing, start looking forward and continue to innovate. We are in constant dialogue with all stakeholders.
“Decisive innovation, together with continued investment in our people and process, is what makes us an agile and genuinely specialist lender”.