InterBay Bridging product range now available to entire panel
Feb 13 2018
Following the successful launch of our Bridging finance proposition last year, we are pleased to announce our competitive range of products is now available to all InterBay panel brokers.
Our Bridging products offer a streamlined process, enabling customers to fund fast property purchases, raise capital quickly, carry out refurbishment or exit more expensive development finance.
The new proposition includes:
- Competitive rates from 0.44% per month
- Up to 75% gross LTV on residential investment property, 70% gross LTV on commercial
- Term up to 18 months
- No Early Repayment Charges (ERCs)
- Interest rolled up, charged daily based on initial loan plus fee
This change follows in the footsteps of our recently-launched AIP submission platform for brokers. It supports our continued effort to meet the needs of our partners, and to make them part of our success.
For more information on our Bridging proposition click here.