Hampshire Trust Bank (HTB) has reduced monthly interest rates across its full bridging finance range by 0.10%. The reduction applies to all bridging loan types, including residential and semi-commercial assets, and includes its heavy refurbishment product. The change follows recent updates to HTB’s heavy refurbishment proposition, including an increase to its 75% day one LTV and enhanced flexibility on works funding. For qualifying cases, the lender can now fund up to 100% of the property’s day one value for refurbishment costs, provided the overall loan remains within 65% LTGDV.

StreamBank has appointed Amy Robinson as its new business development manager for Wales, the midlands and the west. She brings over 17 years of financial services’ experience to the role, with a background in residential and specialist lending. Robinson has held roles as Masthaven, TSB Bank, Monmouthshire Building Society, GPS Financial Limited and Apex Bridging. In her new role, she will work with brokers to support their client’s bridging and property finance needs.

YBS Commercial Mortgages has made enhancements to its broker portal to make the application journey quicker, easier and more flexible for brokers and their clients. The commercial lender has expanded its use of its primary mortgage applications platform, nCino, which has enabled improvements to its broker portal. The new features include the ability to self-initiate, the introduction of one form which captures everything needed to start assessing a case and a function to enable brokers to pause an application at any stage and come back to it later.

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