Payments are calculated using the Bank of England Base Rate (BBR) applicable at the time of the quote (currently 0.1%), subject to a minimum floor rate of 0.75%. The start rate is the lifetime floor rate for a loan.
The first payment for loans completing on or before the 15th of a month will be on the 1st working day of the following month. For loans completing after the 15th, the payment for the short month will be added to the following month's payment
Early Repayment Charges
For details of the Early Repayment Charges, please visit the specific product pages.
This 'Quick Quote' is only valid on the date shown and is based on the information provided to us. It is not legally binding and does not commit InterBay to make such a loan. If a loan on the above terms is of interest, you will need to complete an AIP Request form and submit it through an InterBay Key Partner which will then follow our full underwriting process. InterBay is not regulated by the FCA and is unable to offer mortgages which would be deemed Regulated Mortgage Contracts
Please note the interest year for InterBay bridging finance is calculated over 360 days.