InterBay has expanded its buy-to-let offering with a new lower loan-to-value option, a dedicated pricing band for larger loans and rate reductions across its buy-to-let and product transfer ranges.
The specialist lender, part of OSB Group, said the changes are intended to give brokers greater flexibility when placing a wider range of specialist buy-to-let cases.
The updated proposition introduces a new 65% loan-to-value (LTV) option, providing intermediaries with an additional choice when matching products to borrowers’ financing requirements.
InterBay has also introduced a dedicated pricing band for loans between £10 million and £25 million, allowing larger transactions to benefit from pricing tailored to higher borrowing levels.
Alongside the product enhancements, the lender has reduced rates across its buy-to-let and product transfer ranges by up to 0.20%, making improved pricing available to both new and existing customers.
