Tuesday, February 20, 2024
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£11.5m refinancing of converted office block secured for complex ownership structure
Silbury provides additional £33 million loan for 292-home Old Kent Road residential scheme, taking total facility to £101 million
Construction starts on £140m 24-storey Battersea tower
InterBay has reduced rates on semi-commercial products within its core and select ranges, offering 2-year and 5-year fixed products at up to 75% LTV. The lender’s rate cuts, by 40bps to start from 6.44%, aim to assist those interested in purchasing or remortgaging. The adjustment also includes a lowered minimum loan requirement to £200,000.
Adrian Moloney, group intermediary director, expressed enthusiasm over the rate reductions and highlighted the expertise of the newly established commercial investments team.
Adding: “The team work closely with the in-house real estate and underwriting departments right from the outset which helps overcome any potential challenges early on in the process.”
Call Trinity Specialist Finance to secure a mortgage on 020 7016 6151 or book a consultation
InterBay, Press Release
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