Hampshire Trust Bank launches partnership with finova Payment and Mortgage Services

Finova Payment and Mortgage Services has partnered with specialist lender Hampshire Trust Bank (HTB).

HTB provides professional investors with specialist residential loans up to £25m for limited companies, offshore entities, expats and foreign nationals, as well as mixed use portfolios and semi-commercial properties.

Members of finova Payment and Mortgage Services’ now have access to HTB’s specialist mortgage proposition. The lender recently made enhancements to its offering: five-year fixed rates were reduced by up to 130 basis points and bandings were simplified into three levels: £100k – £1m; £1m – £5m and £5m+.

HTB’s recently launched ‘ERC Plus’ and ‘ERC Lite’ options have been extended across both the two-year and five-year fixed rate specialist buy-to-let, HMO and MUFB and semi-commercial ranges.

Melanie Spencer, head of finova Payment & Mortgage Services, said:  “Our mortgage panel has never been stronger with the addition of Hampshire Trust Bank. At a time when landlords are struggling with affordability, its specialist products provide much needed options for brokers, helping them to select the right product to meet their clients’ requirements.

“We’re very pleased to welcome HTB to our panel, offering more specialist lending options during these challenging economic times.”

Sally Wright, head of intermediary distribution, specialist mortgages at Hampshire Trust Bank, added: “I’m very pleased that HTB is now working with finova. We choose our partners carefully because it’s the quality not quantity of relationships that counts.  At HTB we strive to support our intermediaries by providing the best possible service and complex solutions available.

“Members of finova’s growing mortgage club can now access HTB’s innovative product range that offers flexibility and a real ‘common sense’ approach.”