Here is an update from InterBay, the BTL and Commercial Mortgage lender, that you can access via our commercial mortgage team or direct to lender via our mortgage club. Click to view their products and their criteria. Their affordability calculator is also available on their website. Contact our team today for more information or support with queries.
Don’t forget to consult our ‘getting it right first time’ guidelines to ensure a successful application.
Announcement
Bridging rates now from just 0.84%
We’ve made key changes across our bridging finance products, including launching a new range and reducing rates. Here are the highlights:
· NEW Bridging range based on residential value
· Discounted rates for properties with 55% or more residential value
· Rates reduced by up to 0.10%
· Semi-commercial rates from 0.84% at 60% LTV
· Commercial rates from 0.90% at 60% LTV
· Min loan also recently reduced by 50% to £125k from £250k
· Choice of products available, up to 70% LTV with 2% facility fee