INTERBAY Brand new commercial and semi-commercial products launched

NEW REDUCED RATES AND RANGE ENHANCEMENTS FROM INTERBAY

As part of our ongoing commitment to partnering with brokers on their complex cases and providing additional opportunities for their clients, I’m delighted to announce that tomorrow morning we will be launching a new range of semi-commercial and commercial products.

Key highlights as noted are reduced rates across two, three and five year terms, with loans starting from £150k. In addition to these new competitive rates, we also offer interest-only options on purchases and remortgages, which we’re sure you’ll agree provides even more solutions for brokers to offer.

SEMI-COMMERCIAL CRITERIA

  • Rates from 4.79%
  • Fees of 1.5%
  • Up to 70% LTV
  • Commercial and residential rental income considered

COMMERCIAL CRITERIA

  • Rates from 5.64%
  • Fees of 1.5%
  • Up to 65% LTV
  • Property values over £2m considered

Full details of the products and an updated product guide are attached for ease of reference. We hope you’re as excited by these changes as we are!

Your support in cascading this update to your databases would be much appreciated as always. To support with this please find attached a short summary of the changes that can be used.  Alternatively, if there is anything else that we can provide you with to support this launch please contact Laura and she will be happy to help arrange this for you.

If you have any questions regarding these exciting new products please contact your dedicated Specialist Finance Account Manager who will be happy to help.  http://bit.ly/2ZsE6dY

 

Product Guide can be found here.

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