"As planning rules tighten and tax reforms take effect, investors need the right financial support to adapt and thrive. "
- Alex Upton, managing director of specialist mortgages and bridging at HTB
Hampshire Trust Bank (HTB) has expanded its specialist lending offering to include restricted holiday lets.
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 LTV of 65% (gross 67%) and an increased income coverage ratio (ICR) for holiday lets in personal names from 125% to 140%.
Alex Upton, managing director of specialist mortgages and 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 for specialist mortgages at HTB, 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.”
