Hampshire Trust Bank (HTB) has enhanced its special edition five-year fixed rate deal by increasing the maximum loan size from £1m to £25m.

The bank says the decision was made in response to broker feedback and continuous demand for the product.

HTB’s aim is to make the product more accessible to experienced and larger portfolio property investor clients and provide assurance at a time of uncertainty around rates.

The bank’s managing director of specialist mortgages, Chris Daly, says the move will also improve affordability for the wider BTL market.

He adds: “At HTB, we are dedicated to championing and supporting landlords and property investors of all sizes and this move further highlights our unwavering commitment to specialist buy-to-let brokers and their clients.”

The product was launched in April for loans ranging from £100,000 to £1m.

It has a 5% arrangement fee, which can be added to the loan and is available as either ERC Lite or ERC Plus.

The minimum interest cover ratio (ICR) and early repayment charges (ERCs) are standard.