Be ready when reality hits
Commercial lending rarely follows a straight line. Plans change. Timelines shift. New information comes to light. We know that every case brings its own challenges, and no two transactions follow the same path.
That's why choosing the right lender from the start matters. At InterBay, we work alongside brokers from first enquiry to completion, helping navigate the realities of commercial lending as they arise. So, when circumstances change, you know you've got the right lender to support you.
Why InterBay?
Commercial property isn't one-size-fits-all, and neither is the way we lend. Our experienced team make decisions by applying common sense and specialist expertise to every case, including those with complex structures and large loans. When circumstances change, we’ll work with you to find practical solutions and progress cases to completion.
From dedicated sales support through to case management, you'll work with a team who communicate clearly and stay invested in your case. It's an approach built on partnership, giving you the confidence to place more business with a lender that understands commercial lending as well as you do.
Real examples of where we’ve been able to help
Discover how InterBay could help you
Commercial
£17.5m mixed-use portfolio refinance to support future growth
- £17.5m refinance completed to release capital for future acquisitions and support portfolio growth.
- 33-property portfolio comprising 25 commercial and 8 semi-commercial assets.
- 75% LTV agreed against the market value of the portfolio to maximise leverage.
- £25m credit limit established to provide flexibility for future acquisitions.
- Collaborative approach between broker, underwriting and completions ensured a smooth transaction.
Commercial
£17.5m residential investment refinance for major South East development
- £17.5m interest only remortgage delivered to support a large-scale residential development in the South East of England.
- 103 private rented apartments across three purpose-built blocks.
- Bespoke underwriting approach including tailored ICR calculations and multiple exit stress tests.
- Specialist support provided to accommodate a non-panel new homes warranty provider.
- Flexible structure enabling phased completions and transition from the development lender.
Commercial
£3.8m complex commercial refinancing for new build rentals
- £3.8m commercial finance facility delivered to support two new residential properties in Central London.
- Complex restructure of a family trust, including asset transfers across family members.
- Capital released from a multi-tenanted commercial building to fund construction.
- 120 month interest only loan provided enabling progress without development finance.
Commercial
£10.8m owner occupier deal to aid portfolio expansion
- Owner occupier remortgage to support growth of a commercial property portfolio.
- Refinance of four commercial assets, including warehouse storage and retail units across London and Kent.
- LTV: 77.25% (gross) on £14.44m valuation.
- ICR: 155% (market rent)/285% (income).
- Yield: 6.03%.
- Term: 25 years.
Commercial
£8m deal: from offer to completion in just 6 days
- 9 consecutive terraced buildings each divided into 4 units
- Mixed usage including office, retail and leisure
- Investment value used, rather than the vacant possession value
Commercial
Completing a £5.3m deal for a higher education centre
- Portfolio expansion
- Purchase on a capital interest basis as owner-occupier
- Commercial deal over a 25-year term
Semi-Commercial
Completing a semi-commercial deal in just 21 days
- Two retail units on the ground floor and four self-contained studio flats
- A change in company structure following the initial underwrite
- 65% LTV interest-only solution achieved
Commercial
Tailoring a complex £10m commercial deal
- Two complex multi-let properties
- Totalling £10m+ at 75% LTV based on investment value
- Funds to repay existing debt whilst capital raising for ongoing investment
Commercial
£15m PBSA refinance deal mastered
- Refinance of 65 studio flats split across two student accommodation blocks
- Based on 75% investment value and 88% of the vacant possession valuation
- Involved upgrading and repurposing existing stock to achieve EPC rating of B
Commercial
InterBay seal £54.5m refinance deal
- Large and complex case completed in just 14 weeks
- Included two central London office locations with extremely high ESG credentials
- 10-year interest-only financial solution fixed for the first 5 years at 6.99%
Semi-Commercial
InterBay completes £42.5m refinance deal
- Mixture of semi-commercial and buy to let assets
- Loan size totalling £42.5m
- 94 units spread across 17 limited companies
Semi-Commercial
InterBay supports Elizabeth School of London with strategic finance deal
- Tailored semi-commercial deal worth £6m
- 64% LTV over a 30-year term
- Secured against two of the school’s other teaching sites
Semi-Commercial
InterBay’s flexible approach secures £5.5m semi-commercial remortgage deal
- Semi-commercial deal worth £5.55m
- 19 units with a mix of commercial and residential
- 67% LTV over a 10-year interest only term
Semi-Commercial
InterBay provides £8m facility to acquire a large, part vacant semi-commercial asset
- Semi-commercial asset comprising 26 units as 19 flats and 7 commercial units
- Loan size over £8m @ 67% LTV for a term of 10 years, interest only
- 4 commercial units vacant requiring refurbishment
Semi-Commercial
Interbay completes lending on repurposed public house
- Semi-commercial title arranged as a convenience store, three flats and four houses
- £2.53m loan at 63% LTV
- 20-year term on an Interest Only basis, fixed for 5-years
- Portfolio was entirely unencumbered with no previous mortgage repayment history
- Capital raised for onward property investment and portfolio expansion
Buy To Let and HMO
Unlock the potential in Purpose Built Student Accommodation
- Demand for PBSA is only likely to increase
- Investment in the sector hit a record £7.2bn in 2022
- InterBay arranged £24.9m in commercial refinance and development loans for Kexgill
Buy To Let and HMO
InterBay refinances block of 15 units under exception policy
- Refinance to enable future conversion
- 5-year fixed £1m loan at 65% LTV on a 10-year term
- Block of flats included 15 units - one of those units made the deal fall outside of policy
Buy To Let and HMO
Creative thinking by InterBay helps client raise 75% LTV on an industrial, multi-unit workspace
- Finance required for limited company client to purchase a block of industrial
serviced offices - Property market value £6.4m
- 10-year facility, fixed for 5-years
Buy To Let and HMO
Interbay completes complex term lending facility
- Buy to let deal worth £4.575m
- 28 units above retail shopping parade
- Finance advanced at 75% LTV fixed at 4.99% for five years
Commercial
Student accommodation group seeks £24.9m refinance loan
- Refinance deal worth £24.9m
- Refurb of 350 student beds
- £20m interest-only 10-year fixed facility
Bridging finance
Client looking for a way to exit existing development finance loan
- New build development worth £13 million
- 18 two and three-bed apartments
- Client being pressured to extend existing development finance
Bridging finance
Developer exit loan needed for project approaching practical completion
- Development worth £2 million+
- Comprised of six flats
- Client needs 75% LTV
Bridging finance
Bridging finance required to redevelop two properties
- £2.1 million loan needed
- Planning permission required
- Properties to be let out
Bridging finance
Bridging loan to facilitate commercial conversion
- Commercial unit into four flats
- £600,000 loan required
- Portfolio to be used as security
Buy To Let and HMO
Buy to let mortgage to enable purchase of large HMO
- Recently converted to 30 bed HMO
- Owned via limited company structure
- Only 25% occupied at present
Buy To Let and HMO
Buy to let mortgage to purchase shares in limited company
- Change of ownership involved
- £7 million loan required
- Client to invest £2 million
