Mortgage Products

Whether an investor or an owner-occupier, if your client is buying or remortgaging commercial property we can help. Most property types are considered, and lower rates are also offered where the property attracts a strong yield.

For UK nationals living and working abroad, our new Expat mortgages offer solutions to help your client purchase and refinance an investment property in the UK.

Loans up to £1m

Tier 1 and 2 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition.

Property Yield* Rate 55% LTV 65% LTV 75% LTV
Tier 1– up to 7% 3 month LIBOR + 4.14% 4.64% 5.14%
Tier 2– 7% to 8.5% 3 month LIBOR + 4.24% 4.74% 5.24%
Tier 3–Above 8.5% 3 month LIBOR + 4.74% 5.24% 6.14%

3 month LIBOR is subject to a minimum rate of 0.75%

 

Loans above £1m

Tier 1 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition.

Property Yield* Rate 65% LTV 75% LTV
Tier 1– up to 8.5% 3 month LIBOR + 4.14% 4.64%
Tier 2– Above 8.5% 3 month LIBOR + 4.74% 5.24%

3 month LIBOR is subject to a minimum rate of 0.75%

Whether an investor or an owner-occupier, if your client is buying or remortgaging semi-commercial property we can help. Most property types are considered, and lower rates are also offered where the property attracts a strong yield.

For UK nationals living and working abroad, our new Expat mortgages offer solutions to help your client purchase and refinance an investment property in the UK.

Loans up to £1m

Tier 1 and 2 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition.

Property Yield* Rate 55% LTV 65% LTV 75% LTV
Tier 1– up to 7% 3 month LIBOR + 3.54% 4.04% 4.54%
Tier 2– 7% to 8.5% 3 month LIBOR + 3.64% 4.14% 4.64%
Tier 3– Above 8.5% 3 month LIBOR + 4.14% 4.64% 5.14%

3 month LIBOR is subject to a minimum rate of 0.75%

 

Loans above £1m

Tier 1 products available on lower yielding, typically better quality properties, based on factors such as property age, location and condition.

Property Yield* Rate 65% LTV 75% LTV
Tier 1– up to 8.5% 3 month LIBOR + 3.54% 4.04%
Tier 2– Above to 8.5% 3 month LIBOR + 4.14% 4.64%

3 month LIBOR is subject to a minimum rate of 0.75%

We offer mortgages for a wide variety of residential property, whether it’s single or multiple occupancy, purpose built or converted. We also provide single loans to cover large property portfolios, including some or all units on a single freehold, or multiple properties in different locations.

For UK nationals living and working abroad, our new Expat mortgages offer solutions to help your client purchase and refinance an investment property in the UK.

Is your client a portfolio landlord? You will need to use our Portfolio Submission Platform, eTech. Find out more.

Loan size Rate 65% LTV 75% LTV 85% LTV
£100,000+ 3 month LIBOR + 3.24% 3.44% 4.04%*

 

3 month LIBOR is subject to a minimum rate of 0.75%.

*maximum loan amount £1,000,000

†Maximum 75% LTV for HMOs with more than 8 rooms

If your client is buying or remortgaging a property in need of refurbishment, if they are looking to exit expensive development finance terms while they sell, or if they simply want to complete an investment property purchase quickly, our Bridging loans can help.

How to access this product

This product is now available to all existing InterBay panel brokers.

To discuss how to access to our Unregulated Bridging Loans, please contact your Senior Business Development Manager or our Sales Team.

Rates

All rates shown are per month*

Buy to Let and HMO

Mortgage type 55% LTV 65% LTV 75% LTV
Short term release of equity 0.44% 0.54% 0.64%
Auction purchase 0.44% 0.54% 0.64%
Developer exit 0.44% 0.54% 0.64%
Light / Medium refurb 0.44% 0.54% 0.64%
Heavy refurb 0.54% 0.64% 0.74% (max 70% LTV)

Commercial and Semi-Commercial

Mortgage type 55% LTV 65% LTV 70% LTV
Short term release of equity 0.75% 0.85% 0.95%
Auction purchase 0.75% 0.85% 0.95%

*Rates calculated using a margin over 3 month LIBOR (minimum 0.75%) over a 12 month period. LIBOR subject to change every 3 months.

Maximum LTV

The following limits are gross, including added fees and rolled up interest:

Type Maximum LTV Value over £3.5m Re-bridge
Standard 75% 65% 65%
Light / medium refurb 75% 65% 65%
Auction 75% 65% N/A
Heavy refurb 70% 65% 60%
Commercial 70% 65% 60%