Alex Upton, commercial director, specialist mortgages at HTB, said: “We’re always looking at how we can tune our offering to provide straightforward solutions that deliver added-value and greater flexibility.

“With this solution, a borrower can wrap-up a light refurbishment into their normal term arrangement.

“It’s a no-brainer really – we looked at what the market currently has to offer and decided we could reduce complexity and duplication.

“By enabling a ‘one stop’ solution, we can support our brokers with greater flexibility and help them save time in the process”.