Hampshire Trust Bank has launched a lending option for brokers working with professional landlords whose portfolios no longer fit traditional affordability models.  

The lender’s Portfolio Edge product combines a two-year fixed-rate term mortgage with a bridging facility. 

It is designed for cases where a full refinance isn’t possible today but becomes achievable once selected assets are sold, the bank says. 

Repayments made on the term loan using proceeds from those sales can be made without early repayment charges. 

The term loan is priced at 4.99% with a 5% arrangement fee and a minimum loan size of £3m. The bridge — which is utilised for the properties the borrower is looking to sell — is available at 0.7% per month with a 2% arrangement fee and a £1m minimum loan size.   

Both products must be used together and complete at the same time. The two elements of Portfolio Edge are cross-collateralised, forming a single, structured funding solution.  

The bridge is capped at 50% of the total loan, with sale proceeds used to reduce overall debt.  

Portfolios may include up to 20% commercial assets, giving brokers additional flexibility when dealing with mixed-use holdings. 

HTB managing director, specialist mortgages & bridging finance, Alex Upton says: “Portfolio Edge is built for exactly what brokers are dealing with — affordability blocks, structural complexity and clients who need more than a standard refinance.  

“It gives them flexibility and clarity in one solution, and we’ve priced it to give them a real edge in the market.  

“Most importantly, it gives landlords breathing room to sell properties, reduce leverage, and refinance smoothly later, without early repayment charges biting when it matters.”