Hampshire Trust Bank has launched a new residential buy-to-let range called Flow, which offers lower rates for more straightforward cases.

The lender’s mortgages now sit within three main categories: Flow, Core and Bespoke.

In the new Flow range, prices are 55 basis points lower than equivalent Core deals with the same arrangement fees to reflect a lower risk profile.

Rates start from 5.54% for a two-year fixed at 75% loan-to-value with a 5% fee.

The Flow range is available for buy-to-let cases up to £2.5m, including houses in multiple occupation and multi-unit blocks, where the ownership structure of the deal and ownership is clearly defined.

The Core range, which is unchanged, continues to provide finance on specialist cases, including semi-commercial, purpose-built student accommodation and complex ownership structures up to £5m.

HTB’s Bespoke range continues to apply to transactions above £5m and includes dedicated relationship manager support and commercial terms agreed on a case-by-case basis.

HTB managing director of specialist mortgages and bridging finance Alex Upton says: “Flow introduces clearly-defined residential buy-to-let parameters with pricing that sits 55 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.”