The new range now offers loans up to £25m at a maximum 75% LTV of market value, with loan terms going up to 24 months.

Residential, commercial and mixed-use properties can be used as security, with the bank also accepting second-charges as additional security.

The bridging proposition can also be used for all refurbishment projects, including light and heavy refurb.

This follows the creation of HTB’s new bridging team, which will be led by Jamie Jolly (pictured above), the bank’s new director of bridging.

Jamie brings over 20 years of experience to the role, joining the company from SoMo, where he previously worked as managing director.

Prior to this, he was part of the team that built and launched Revverbank, and was previously the head of commercial at Together for 15 years.

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Speaking about HTB’s new bridging proposition, Jamie said: “HTB has built a great reputation across specialist mortgages and development finance, but we’ve never quite cracked the bridging market. 

“We have taken some time to think about what we need to do and how we need to do it; it is clear is that a bridging lender can’t be successful when done off the side of the desk. 

“What we are now offering isn’t a bolt-on or ring-fenced part of an existing team — it is an experienced group solely focused on providing bridging solutions and service to the broker market. 

“As a team, we understand the need for simplicity and strong lines of communication; we put all deals in front of decision makers within hours of receiving the enquiry.

“We aim to marry competitive products and criteria with award-winning service, and have a team littered with experience, knowledge and a firm grasp on the market to deliver this.”