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| Complete FS, Gold Key Partners of InterBay are pleased to announce a range of reduced rates from 5.00% for commercial investors who let their property to an established, regional or national tenant. The proposition offers fixed and variable rate options, as well as the ability to take the loan on an interest only basis, distinguishing itself as one of the prime commercial products currently available in the market. |
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| Key highlights include: |
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Interest only, fixed and variable options available |
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Maximum LTV 75% (subject to no more than 90% of the Market Value on the special assumption of Vacant Possession) |
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Minimum loan of £250k |
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10 year maximum term |
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110% DSCR available for fixed rates |
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125% DSCR available for variable rates |
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Secure full repairing and insuring leases, with upward rent reviews only |
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Established, national or regional tenants only |
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| Pricing for these new criteria is as follows: |
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| Variable Rates |
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| Rates above include 3 Month Libor which is subject to a minimum rate of 0.75% |
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| Fixed Rates |
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| Proc Fee 0.75% |
| Complete FS Fee - Only £99 on application |
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