HTB expands lending proposition to include restricted holiday lets
Hampshire Trust Bank (HTB) has expanded its specialist lending offering to include restricted holiday lets, giving brokers the tools to support clients in a changing and increasingly complex market.
This strategic move reflects HTB’s ability to adapt to evolving regulations and market demand, while providing tailored solutions for professional investors.
Restricted holiday lets, with their distinct regulatory and market challenges, require a nuanced approach. HTB’s proposition includes lending on these properties with a maximum loan-to-value (LTV) of 65% (gross 67%) and an increased income coverage ratio (ICR) for holiday lets in personal names from 125% to 140%.
These adjustments ensure brokers have the right tools to help their clients navigate this specialist area confidently and sustainably.
Alex Upton, managing director – Specialist Mortgages & Bridging at HTB, said: “Restricted holiday lets represent both complexity and opportunity in today’s market. As planning rules tighten and tax reforms take effect, investors need the right financial support to adapt and thrive. 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.”
Andrea Glasgow, sales director – Specialist Mortgages, added: “We know brokers are seeing increased demand for restricted holiday lets as investors look to diversify and respond to market changes. What they need from us is clear – products that reflect the intricacies of this market, paired with expert support and quick decisions. This expansion ensures brokers can confidently guide their clients, knowing HTB provides the tools and partnership they can rely on.”
HTB’s expansion underscores its commitment to delivering broker-focused solutions that combine deep market expertise with direct access to decision-makers. By addressing the challenges of restricted holiday lets with a thoughtful and measured approach, HTB continues to provide brokers and their clients with consistent, long-term support in a dynamic market.