You are here: cherry > Press releases for March 2024 > CRYSTAL SPECIALIST FINANCE LAUNCHES NEW SEMI-EXCLUSIVE MORTGAGE RANGE WITH INTERBAY

20 March 2024

• CSF and InterBay’s new range provide exceptional value for landlords and investors
• Rates start from 6.19% for a two-year fixed-rate loan
• New industry-leading range underscores CSF and InterBay’s relationship

Crystal Specialist Finance (CSF) has launched a new industry-leading range of semi-exclusive mortgages for landlords and investors with InterBay.

The new range encompasses improved 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.

Specialist finance distributor CSF has worked with InterBay, part of the leading specialist lender OSB Group, to reduce rates across these products to provide the most competitive rates for clients looking to purchase or remortgage.

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

Headline figures from the new range of semi-exclusive products include:
• Commercial first charge owner-occupied – rates from 6.19% per annum.
• Commercial first charge investment – rates from 6.39% per annum.
• Purpose-built student accommodation first charge – rates from 6.29% per annum.
• Holiday lets first charge – rates from 6.59% per annum.
• Semi-commercial first charge - rates from 6.44% per annum.

With no maximum property value and up to 75% LTV available with terms spanning between two and 30 years, CSF’s Group Sales Director, Jason Berry expects this new range to prove ‘increasingly popular’ with property investors.

"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,” explained Jason.

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

InterBay was recently named ‘Commercial Lender of The Year’ at CSF's annual awards.

InterBay spokesperson Marc Callaghan Head Of Specialist Finance said: “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.”