InterBay Commercial launches BTL range with 25bps rate cuts | Mortgage Strategy

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InterBay Commercial has launched a new buy-to-let range with all rates cut by 25 basis points and has removed all trail early repayment charges.

The lender, part specialist bank OSB Group, says the range covers two-year fixed-rates that start from 3.99% at 75% loan to value and five-year fixed rates from 4.19% also at 75% LTV.

It adds that multiple properties will be accepted on a single loan.

The firm offers up to 80 LTV% with no maximum loan amount and no maximum property value.

And will offer deals to limited liability partnerships, special purpose vehicles, trading companies, trusts and other complex ownership structures.

InterBay Commercial head of specialist finance Emily Machin says: “It’s apt that as the industry celebrates 25 years of buy to let, that this product launch marks our absolute commitment to the buy to let market.

We’re certainly looking forward to creating tailored business solutions for our broker partners. We’ve earnt a strong reputation for building robust relationships and delivering innovative buy to let solutions for complex and multifaceted deals and this launch means we’ll be able to do even more.

We recently completed on a £30m portfolio deal with SPF Private Clients, which is a great example of how our expertise with high-value cases and complex ownership structures enables our broker partners to achieve the best outcome for their clients.”


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