Real examples of where we’ve been able to help

Discover how InterBay could help you

Marc Callaghan

Head of Specialist Finance

“Our Transactional Credit Committee (TCC) allows us to offer bespoke and flexible solutions and pricing on a case-by-case basis.”

Cally’s Cases – Case 15

Timing is key when getting a case to offer

  • Commercial investment loan of £4.5m net
  • Securities consisted of two freehold titles with 23 units in total
  • Structured as interest only on a 15-year period
  • Current passing rent only achieved an ICR of 118%
  • Exception agreed to proceed to offer subject to one of the vacant units being occupied before completion

Cally’s Cases – Case 14

We don't judge a commercial facility by its cover

  • Client needed a net loan of 75% LTV on a commercial facility
  • Loan was for £2.5m on a 20-year interest-only basis
  • Income from security is a split of owner occupier and investment
  • The asset required significant improvements between exchange and completion
  • Case was agreed subject to a re-inspection once works completed

Cally’s Cases – Case 13

Refinancing result

  • Semi-commercial refinance required
  • Client owned the asset for a number of years and recently developed the upper parts into residential units
  • Security included nine commercial shops, one storage unit and seven flats
  • Agreed a loan of £3.5m on a 10-year interest-only facility
  • Client repaid existing loan and released extra capital for further investment

Cally’s Cases – Case 12

Commercial deal with flex

  • Commercial owner occupier remortgage
  • Requirement for £7.37m over 10 years
  • Estimated value of £11m
  • Refinance saved client significant costs by clearing current lender debts
  • Client wanted to exclude three non shareholding directors from the facility

Cally’s Cases – Case 11

A case with strong ESG credentials

  • Funding on a 20-year interest-only basis for a commercial investment
  • Request for 72% LTV, which includes fees
  • Assets are warehouse units with a total of nine tenants
  • All units had strong EPCs of B and above
  • Gross loan of £3.46m was agreed subject to valuation

Our sales team are here to partner with you

They can also provide alternative bridging finance solutions from our sister brand, Precise Mortgages

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Dave

Davey Gurm

Specialist Finance Account Manager
Areas covered

London and Greater London

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I joined the team as a specialist finance account manager in 2021 after holding similar roles at a number of other financial services companies. I enjoy interacting with brokers and am dedicated to supporting our ongoing commitment to strengthen relationships with all of our intermediary partners.

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Kevin

Kevin Beale

Specialist Finance Account Manager
Areas covered

Midlands

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I joined the company more than seven years ago, initially as national sales manager, then as new build distribution manager, before moving over to my current role. I love working closely with my broker partners and helping them to access products that their clients might struggle to get on the high street.

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Mo Parmer (1)

Mohinder Parmar

Specialist Finance Account Manager
Areas covered

London and South East

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I joined the group in 2022 after more than 20 years of experience working in banking, first as a private banker then as a relationship manager looking after my broker partners. The thing I love especially about specialist lending is that every case I receive is different with its own set of challenges, so when I’m able to finally get it over the line it gives me a real sense of achievement. I’m really looking to helping you with your complex cases and showing off our exciting proposition.

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Charlootte

Charlotte Parker

Specialist Finance Account Manager
Areas covered

South West

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I’ve been supporting brokers in South West ever since joining the company in April 2019. With nearly 20 years of experience working in financial services, I’ve developed a detailed knowledge of the mortgage market which means I’m perfectly placed to help you with your cases. Whatever support you need, I’m here to provide solutions to complex cases, and diffuse and resolve any issues that may arise during the processing of an application.

Current processing times

Commercial
  • Commercial
  • Semi-commercial
  • Buy to let and HMO
  • AIP review

    36 hours

  • Initial underwriting

    2 working days

  • Formal offer review

    2 working days

  • Additional correspondence and documents

    2 working days

alerticon

Submissions after 4pm will be considered as submitted the following working day.

Last updated 17-07-2024

  • AIP review

    36 hours

  • Initial underwriting

    2 working days

  • Formal offer review

    2 working days

  • Additional correspondence and documents

    2 working days

alerticon

Submissions after 4pm will be considered as submitted the following working day.

Last updated 17-07-2024

  • AIP review

    36 hours

  • Initial underwriting

    2 working days

  • Formal offer review

    2 working days

  • Additional correspondence and documents

    2 working days

alerticon

Submissions after 4pm will be considered as submitted the following working day.

Last updated 17-07-2024

  • AIP review

    36 hours

  • Initial underwriting

    2 working days

  • Formal offer review

    2 working days

  • Additional correspondence and documents

    2 working days

alerticon

Submissions after 4pm will be considered as submitted the following working day.

Last updated 17-07-2024

Current processing times
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This information is for mortgage professionals only and not intended for use by the general public. All rates, programmes and pricing are subject to change at any time and without prior notice. Mortgages are subject to valuation and approval.