Flow forms part of a new three tier structure across the lender’s specialist mortgages proposition and the lender said the changes are designed to align pricing and support more clearly with the size and complexity of each case.
The new Flow tier is available for defined residential buy to let cases, including HMOs and multi unit blocks, up to £2.5m. It launches with rates from 5.54% on a two year fixed product at 75% loan to value. HTB said this is 55 basis points lower than equivalent products it its Core range, while arrangement fees remain unchanged.
HTB said the revised structure reflects growing variation in deal size, ownership profile and portfolio strategy across the specialist buy to let market, while keeping its manual underwriting approach.
Alex Upton, managing director of specialist mortgages and bridging finance at Hampshire Trust Bank, said: “The specialist buy-to-let market has become significantly more nuanced. Transaction sizes, portfolio strategies and ownership structures vary far more materially than they once did. The level of professionalisation within the rental sector has accelerated, and lenders need frameworks that reflect that progression.
“Flow introduces clearly defined residential buy-to-let parameters with pricing that sits 90 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. We are not narrowing our appetite. Every case remains manually assessed. What we have done is bring sharper alignment between pricing, engagement and deal profile. That is a considered evolution of our model, not a shift in philosophy.”
