HTB rolls out AVM option to streamline short-term lending

Move addresses brokers' demand for a faster, simpler, and more affordable valuation option

HTB rolls out AVM option to streamline short-term lending

Hampshire Trust Bank (HTB) has introduced an automated valuation model (AVM) option as part of its short-term lending offering, aimed at providing brokers with a faster and more cost-efficient method for property valuations in time-sensitive situations.

The AVM option is available for residential investment properties, including houses, low-rise flats, and small houses in multiple occupation (HMOs). It applies to properties valued between £250,000 and £1 million, with a maximum gross loan-to-value (LTV) of 65%.

This feature is designed to cut costs and speed up the valuation process for scenarios such as auction purchases, portfolio transactions, and urgent completions, enabling brokers to meet tight deadlines more effectively.

“Our AVM option is all about helping brokers work smarter,” said Alex Upton (pictured left), managing director of specialist mortgages and bridging at Hampshire Trust Bank. “By cutting costs and speeding up the valuation process, we’re enabling brokers to deliver seamless solutions for their clients under tight deadlines. At HTB, we don’t just adapt to the market – we evolve to make brokers’ jobs easier and help them thrive.”

Lorenzo Satchell (pictured right), sales director for bridging finance at Hampshire Trust Bank, added that the move was in response to brokers’ requests for a faster, simpler, and more affordable valuation option.

“By listening to their feedback and introducing the AVM option, we’re giving brokers a practical advantage, especially when time is critical,” Satchell said. “It’s another way HTB is making a real difference for brokers and their clients. This enhancement reflects HTB’s focus on supporting brokers with solutions that simplify processes.”

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