Crystal launches new semi-exclusive range with InterBay

Rates start from 6.19% for a two-year fixed rate.

Related topics:  Mortgages,  Commercial
Rozi Jones | Editor, Barcadia Media Limited
20th March 2024
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Crystal Specialist Finance (CSF) has launched a new range of semi-exclusive mortgages for landlords and investors with InterBay.

The new range includes options for commercial landlords seeking to occupy the premises themselves or rent them out, as well as investors in semi-commercial property, purpose-built student accommodation and holiday lets.

CSF has worked with InterBay to reduce rates across these products for clients looking to purchase or remortgage.

Devised for individuals as well as limited companies, rates start from 6.19% at 50% LTV for a two-year fixed rate with a minimum value of £150,000.

Commercial first charge investment rates start from 6.39% per annum while purpose-built student accommodation rates start from 6.29%, holiday let rates from 6.59%, and semi-commercial first charge rates from 6.44%.

The products have no maximum property value and are available up to 75% LTV with terms spanning between two and 30 years.

CSF’s group sales director, Jason Berry, commented: "The low rates which rest at the heart of this new range reinforce InterBay as one of our industry's preeminent commercial lenders, while simultaneously ensuring that our broker partners are consistently able to provide clients with truly exceptional value.

"We've worked with InterBay for many years and know from first-hand experience that the service they provide on cases is industry leading."

Marc Callaghan, head of specialist finance at InterBay, commented: “InterBay is renowned for our consistently excellent service and our offering becomes even stronger when combined with these exceptional new rates.

"We’re delighted to be in a position to lower rates which we're able to do because our new commercial investments team are real subject matter experts in this field, truly understanding the differing variables that exist.

“We specialise in complex cases and look forward to working even more closely with Crystal Specialist Finance going forward.”

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