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Interbay Ltd, Forum 3, Solent Business Park, Whiteley, Fareham, PO15 7FH

Interbay Commercial

InterBay pride themselves on being seen as a specialist lender.

They are part of the OneSavings Bank Group, one of a new breed of challenger banks setting new standards for the industry and providing a true alternative to established mainstream providers.

Interbay use their extensive property expertise and deep understanding of complex borrower types to assess cases that may not fit the criteria of other lenders. With a focus on commercial and residential investment property, whether the finance requirement is long or short-term, their flexible approach and product range make us a true specialist lender.

Paid by PMS

For details of when your proc fee will be paid, please click on the button below.

Paid by PMS

Proc Fees

Product	Gross	Net
Buy to Let	1.05%	0.85%
Bridging	1.20%	1.00%
Product Transfer	0.5%	0.45%

Proc fees - when your proc fee will be paid

Product Type	When does the lender pay PMS?	Frequency
All	24 hours.	Daily.

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.

Overview

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*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Commercial & Semi-Commercial

Interbay have experience in lending against a wide range of commercial property types, both to investors and trading businesses. This experience means they offer features which many other lenders don’t, including higher LTVs and interest-only products, available over longer periods and on competitive terms.

Investor and Owner-Occupier loans
Up to 75% LTV
Term 2-30 years
Lending against investment value can be considered
Will lend on vacant property
Interest only always available
Rates dependent on asset quality
Variable and fixed products
No obligatory linked products as with High Street banks
Preferential rates for loans over £1m
Lending to expats acceptable

Buy to Let & HMO

They take a commercial approach to lending on Buy to Let and HMO properties. Whether they are dealing with a first-time landlord, an unusual or complex property, or a seasoned landlord operating a large-scale portfolio, the
tailored approach to assessing proposals has gained us a reputation for offering solutions and getting deals done.

Experience with complex proposals and ownership structures
Single facility available for large portfolios
Term 2-30 years
Interest only always available
No minimum income
Investment value considered on HMOs
Variable and fixed products
Up to 85% LTV
Lending to expats acceptable

Bridging Loans

Making use of their lending experience and property expertise, unregulated bridging loan proposition provides a simple yet competitive range of products designed to help investors raise fast, short-term finance for a variety of purposes. As long as they are offered suitable security, and there is a plausible exit strategy, you won’t need to look further for a solution.