Hampshire Trust Bank (HTB) is to introduce restricted holiday let products to its specialist offering.
Lending will be available up to 65% LTV (gross 67%), with an increased income coverage ratio for holiday lets in personal names from 125% to 140%.
The lender says the move reflects its ability to adapt to evolving regulations and market demand, giving brokers the tools to support clients in an increasingly complex market.
HTB managing director specialist mortgage and bridging Alex Upton says: “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.
“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.”
HTB sales director -specialist mortgages Andrea Glasgow says: “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.”