x
By using this website, you agree to our use of cookies to enhance your experience.
CORONAVIRUS UPDATE

See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 22,141 | UK Deaths: 1,408 | UK Recovered: 135 SEE MAP Italy Confirmed cases: 101,739 | Italy Deaths: 11,591 | Italy Recovered: 14,620 SEE MAP Spain Confirmed cases: 87,956 | Spain Deaths: 7,716 | Spain Recovered: 16,780 SEE MAP See the latest Coronavirus statistics from across the world on our world map SEE MAP UK Confirmed cases: 22,141 | UK Deaths: 1,408 | UK Recovered: 135 SEE MAP Italy Confirmed cases: 101,739 | Italy Deaths: 11,591 | Italy Recovered: 14,620 SEE MAP Spain Confirmed cases: 87,956 | Spain Deaths: 7,716 | Spain Recovered: 16,780 SEE MAP

TODAY'S OTHER NEWS

InterBay simplifies mortgage range for buy-to-let and HMO

InterBay Commercial, part of specialist lending group OneSavings Bank, has strengthened its buy-to-let proposition with simplified pricing and rate drops.

By adopting a single tier approach to pricing, InterBay aims to simplify their mortgage range for buy-to-let business and houses in multiple occupation (HMOs). 

InterBay's buy-to-let and HMO product range will be simplified to a single tier in a similar way to the changes it recently made to its Commercial and Semi-Commercial proposition. This will result in a drop of up to 0.65% for those landlords borrowing less than £500,000. 

However, fees will stay the same for loans above £1m (1.2%) and below £1m (1.7%). 

“As an established, specialist lender, we have a pool of expertise and experience that we have been able to draw upon to ensure that these changes strengthen InterBay’s competitive position and provide a significant price reduction to customers whilst minimising the impact on returns,” Darrell Walker, Head of Sales, Second Charge & Commercial, said of the changes. 

icon

Please login to comment

Zero Deposit Zero Deposit Zero Deposit
sign up