Hampshire Trust Bank has introduced improvements to its heavy refurbishment bridging proposition.

Effective immediately, the changes include an increase in the maximum day one loan-to-value from 70% to 75%, bringing heavy refurbishment in line with HTB’s standard bridging range.

In addition, for cases where the loan-to-gross-development-value is 65% or below, HTB can now fund refurbishment costs up to 100% of the property’s day one value.

These updates give brokers more flexibility to structure ambitious projects, particularly where clients are converting, extending, or repositioning property, and do so with confidence in the numbers.

The product continues to offer staged drawdowns in arrears, milestone verification by an asset manager, and no exit fees. Brokers benefit from direct access to underwriters and a lending model focused on speed, clarity, and specialist support throughout the deal.

HTB sales director specialist mortgages & bridging  Andrea Glasgow commented: “Brokers are telling us they need more flexible funding options, especially when their clients are taking on more ambitious refurbishment projects.

“These updates give them exactly that without losing the control and structure HTB is known for.

She added: “We’ve deliberately built this product to support complex property strategies, from permitted development and commercial-to-residential conversions to heavy internal reconfiguration. It’s a product that gives brokers options and gives their clients the confidence to push ahead.”