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InterBay rejigs LTVs and loans

InterBay Commercial has reset its maximum LTV to 70% and its minimum loan value to £100,000 as part of its efforts to reduce business volumes. Its proc fee stands at 1.5%.

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The time is right to back packagers

I’m writing this column on a return flight from the Packager Summit in Monte Carlo, hosted by Mortgage Strategy’s sister brand, Mortgagedistributor.co.uk. It was well worth attending.

Coventry deals corner non-ERC market

Coventry has became the latest entrant to the equity release market with the launch of a suite of products available through its branches and via broker brand Godiva.

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