Hampshire Trust Bank (HTB), has increased its loan-to-values (LTVs) to 75% with immediate effect.
All buy-to-let, House of Multiple Occupation (HMO) and semi commercial deals are eligible for 65% LTV providing they meet standard criteria.
Up to 65% LTV loans are available with a maximum loan size of £3m at 75% LTV the maximum loan size is £550k (or £750k inside M25).
Charles McDowell (pictured), managing director at HTB, said: “It is more important than ever that we continually review our lending criteria as more information comes to light.
“With immediate effect we are increasing our maximum LTV to 75% for the right type of deals – the right properties, the right yields and the right borrowers”.
Marcus Dussard, sales director at HTB, added: “The whole team is buzzing about being able to deliver these criteria changes to our brokers and their clients.
“We all work with our intermediaries on a case-by case-basis and can’t wait to deliver our specialist lending in what is likely to be a resurgence, albeit a cautious one, in the property market”.