Hampshire Trust Bank (HTB) has launched a new residential Buy To Let range called Flow, targeting what it calls “straightforward” loans. 

In the new Flow range, prices are 55 basis points lower than equivalent deals in other ranges offered by HTB: rates start from 5.54% for a two-year fixed at 75% Loan To Value (LTV) with a 5% fee.

Flow mortgages are for BTL borrowers up to £2.5m, including for HMOs and multi-unit blocks, where the ownership  is clearly defined.

HTB’s Core range is unchanged and continues to target more complex borrowing needs, including semi-commercial, purpose-built student accommodation and complex ownership structures up to £5m.

HTB’s Bespoke range continues to apply to transactions above £5m. 

A spokesperson says: “Flow introduces clearly-defined residential buy-to-let parameters with pricing that sits 55 basis points below our Core equivalents.

“That differential is intentional. It recognises where risk is clearly understood and allows us to compete with greater precision, without compromising the underwriting discipline that underpins every decision we make.

“Core and Bespoke continue to support complexity and scale. That remains central to our proposition.

“… Every case remains manually assessed.

“What we have done is bring sharper alignment between pricing, engagement and deal profile.”