InterBay Commercial makes 25bps buy-to-let reductions

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InterBay Commercial has launched a new buy-to-let product range with all rates reduced by 0.25 percentage points and all trail ERCs removed.

Two-year fixed rates now start from 3.99% and five-year fixed rates from 4.19%.

Multiple properties accepted on a single loan and they are available up to 80 LTV% with no maximum loan amount with no maximum property value.

LLP, SPV, trading companies, trusts and other complex ownership structures are accepted.

Emily Machin, head of specialist finance, InterBay Commercial, said: “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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