The new information that will need to be submitted includes a portfolio schedule, business plan, cash flow for the previous 12 months and a future cash flow forecast.
Mark Sismey-Durrant, chief executive officer at Hampshire Trust Bank, said: “The buy-to-let landscape has faced a period of unprecedented change, with a number of new regulations being implemented that have impacted the market. Our approach has largely anticipated these changes already.
“We remain committed to the portfolio buy-to-let sector and in supporting our broker partners with their business. Our new documents are designed to make it a simple and straightforward process for brokers to provide us with the new information that will be required.”