InterBay providing commercial mortgages

Sunday, May 1, 2016 By Aaron Strutt

InterBay is a specialist lender catering for a variety of businesses and entrepreneurs.

It provides finance for limited companies, limited liability partnerships, self-administered schemes and trusts.

The lender uses a debt cover service ratio calculation to determine if loans are affordable on an investment basis. It expects

It expects cover of 110%-160% of the interest-only payment, depending on the type of security and experience of the landlord.

Aaron Strutt, director at Trinity Specialist Finance, says: “InterBay recently lowered its interest rates and buy-to-let and HMO loans above 75 per cent LTV will now be available up to £1m.”

“The lender offers 10-year terms on interest-only, finance for inexperienced commercial investors and a quick lending decision. InterBay Commercial is a wholly owned subsidiary of OneSavingsBank Plc.”

For help to secure a commercial mortgage or development finance, call Trinity Specialist Finance on 020 7016 6151.

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