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Hampshire Trust Bank cuts buy-to-let five-year fixed rates by up to 70 basis points

Hampshire Trust Bank cuts buy-to-let five-year fixed rates by up to 70 basis points
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HTB Specialist Mortgages appoints national account manager

HTB Specialist Mortgages appoints national account manager
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HTB will no longer accept applications that require SDLT holiday

Hampshire Trust Bank Specialist Mortgages has outlined that it will no longer accept new applications which require a completion before the stamp duty holiday.
The lender noted that typically, around 25% of deals complete within three months of it receiving an application.
As a result of this, the bank believes that it would be better not to accept applications that require the use of the tax break, which concludes on 31 March.
Alex Upton
(pictured), commercial director of Hampshire Trust Bank, said: “We have taken this decision to allow our broker partners to plan ahead with their clients and to manage expectations accordingly. ....

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