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Interbay Commercial adopts single tier approach to BTL and HMOs

Interbay Commercial has simplified it’s mortgage range for buy to let and houses of multiple occupation, adopting a single tier approach to pricing.

The changes made by the specialist lender, part of OneSavingsBank, will result in a reduction of up to 0.65 per cent for landlords borrowing less than £500,000.

Fees will remain at 1.2 per cent for loans above £1m, and 1.7 per cent below £1m.

Interbay Commercial head of sales, second charge and commercial, Darrell Walker, says: “We have a pool of expertise and experience that we have been able to draw upon to ensure that these changes strengthen InterBay’s competitive position and provide a significant price reduction to customers whilst minimising the impact on returns.”


MS Wired : BTL Britain: ‘Finding the New Normal’ – On demand

Title: MS Wired: BTL Britain ‘Finding the New Normal’ Sponsor:   Date: January 27th 2017 Panellists: John Eastgate, Sales & Marketing Director, OneSavings Bank Darren Winder, Head of Economics & Strategy, Lazarus Research David Hollingworth, Associate Director, London & Country Mortgages David Whittaker, Chief Executive Officer, Mortgages for Business Chair: Sam Barker, Deputy Editor, Mortgage […]

Bob Young Fleet 2014

Comment: Demand the best from BTL lenders

Because every lender has a nuanced view on what the rental calculation should be, brokers face a rock or a hard place There is often a debate around whether regulation should be rules or principle based. Should there be total prescription or should firms be allowed to interpret? However prescriptive the rules are, there will […]

Diversified cashflows are key

Dividends are under pressure in some areas: but reliable yields can still be found. So says Adrian Frost, manager of the Artemis Income Fund, in conversation with Lawrence Gosling.


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