NEW: Buy to let range launched from InterBay Commercial

12 Oct 2021

This year marks the 25th anniversary of the first dedicated buy to let mortgage, a product which has transformed the UK’s housing market. In the quarter of a century since, the private rented sector has virtually doubled in size, growing from 2.4 million properties in 1996 to 4.4 million today and now accounts for 19% of the country’s households*.

To support with this demand, InterBay Commercial have reduced all buy to let rates by 0.25% and removed all trail ERCs.

With experience in high-value cases and complex ownership structures, we could help your clients with more than just standard buy to lets.

Find out more <https://www.interbay.co.uk/btl-and-hmo-mortgages/rates> about our new buy to let products.

Highlights include:

  1. Multiple properties accepted on a single loan

  2. Up to 80% LTV with no maximum loan amount and no maximum property value

  3. No limit on the number of bedrooms/units for HMO/MUFB properties

  4. Complex layouts accepted including multiple houses on one title, or multi-unit blocks with leasehold and freehold titles

  5. Complex ownership structures accepted including LLP, SPV, trading companies and trusts

Download latest buy to let product guide <https://www.interbay.co.uk/media/54tjulhj/ibc-product-guide.pdf>

If you have any questions about our new buy to let offering, please contact your specialist finance account manager <https://www.interbay.co.uk/sales-team>, or call our broker sales support team <https://www.interbay.co.uk/contact-us> on 0345 878 7000 to discuss your cases directly with one of our experts.

*https://www.mortgagestrategy.co.uk/news/buy-to-let-mortgages-reach-their-25th-birthday/