Hampshire Trust Bank (HTB) has expanded its offering to include restricted holiday lets.
HTB’s proposition includes lending on such properties with a maximum LTV of 65%, or gross 67%.
This also has an increased income coverage ratio for holiday lets in personal names from 125% to 140%.
HTB has made the move to respond to market demand, with brokers requiring specialist tools to support complex clients in this space.
Commenting on the launch, HTB managing director of specialist mortgages and bridging Alex Upton (pictured above), said restricted holiday lets represented both “complexity and opportunity.”
“As planning rules tighten and tax reforms take effect, investors need the right financial support to adapt and thrive,” she added. “At HTB, we specialise in transforming challenges into opportunities. This expansion reflects our commitment to equipping brokers with the expertise and tailored solutions they need to help their clients succeed in this growing niche.”
