Products for properties with 55% or more residential value
| |
Mortgage type |
Term |
Starting rate |
Reversion margin* |
Arrangement fee |
|
|
|
Fixed |
2 years |
7.24% |
2.99% |
2% |
|
 Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
|
|
Fixed |
2 years |
7.39% |
3.14% |
2% |
|
Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
|
|
Fixed |
5 years |
6.79% |
2.54% |
2% |
|
Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
|
|
Fixed |
5 years |
6.94% |
2.69% |
2% |
|
Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
*The reversion margin displayed is an example based on loans that revert to a Bank of England Base Rate (BBR) linked rate. In this case, the reversion rate is calculated using starting rate or BBR + reversion margin, whichever is higher. Reversion margins for Libor Replacement Rate (LRR) linked loans may differ. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same. In all cases the Starting Rate at completion of the product transfer, is the lowest rate payable regardless of future changes to the BBR/LRR. The interest year for InterBay is calculated over 360 days. BBR/LRR is subject to a floor of 0.75% (if BBR/LRR exceeds 3% the floor resets to 3%).
Residential mix will be based on the percentage split on the current loan.
Products for properties with less than 55% residential value
| |
Mortgage type |
Term |
Starting rate |
Reversion margin* |
Arrangement fee |
|
|
|
Fixed |
2 years |
7.99% |
3.74% |
2% |
|
Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
|
|
Fixed |
2 years |
8.14% |
3.89% |
2% |
|
Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
|
|
Fixed |
5 years |
7.54% |
3.29% |
2% |
|
Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
|
|
Fixed |
5 years |
7.69% |
3.44% |
2% |
|
Close product information
The loan
Repayment terms available?
Interest-only terms available?
Bank of England Base Rate (BBR)
Reversion rate is calculated using starting rate or BBR/LRR + reversion margin, whichever is higher. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same.
Fixed: 4% year one, 3% for remaining fixed period, 10% of the balance can be repaid in any 12 month period, without notice and without incurring ERC
Need help with placing a retention case, speak to our retentions team on
01489 667101
|
1 |
1 |
1 |
1 |
1 |
1 |
*The reversion margin displayed is an example based on loans that revert to a Bank of England Base Rate (BBR) linked rate. In this case, the reversion rate is calculated using starting rate or BBR + reversion margin, whichever is higher. Reversion margins for Libor Replacement Rate (LRR) linked loans may differ. The use of BBR or LRR will depend on your current loan terms, the method stated on origination will be the one that applies, and all terms will remain the same. In all cases the Starting Rate at completion of the product transfer, is the lowest rate payable regardless of future changes to the BBR/LRR. The interest year for InterBay is calculated over 360 days. BBR/LRR is subject to a floor of 0.75% (if BBR/LRR exceeds 3% the floor resets to 3%).
Residential mix will be based on the percentage split on the current loan.
Let’s get you started
Below you’ll find a link to the forms you’ll need to complete, and information required before beginning the product transfer. These can be submitted up to three months prior to the current product maturity date. Please ensure they’re fully completed and upload all pages of each form within the same attachment.
Once the forms have been fully completed, please email them to the Servicing team at servicing@interbayuk.com.
Who to contact and when?
New product transfer up to £5m | or questions relating to rates or how to apply for a product transfer?
Contact the retention team
01489 667101
retentionteam@interbayuk.com
Queries on product transfers in progress?
Contact the servicing team
03459 003300
servicing@interbayuk.com
Want to contact the high-net-worth team?
You can reach Krissy or Melanie:
Krissy Salmon
07548 239454
krissy.salmon@osb.co.uk
Melanie Merchant
07548 239353
melanie.merchant@osb.co.uk
Have questions?
If you’re not clear on what you need to do, or you have any other questions, please contact your specialist finance account manager.
Once you’ve submitted a product transfer request, contact the servicing team on 03459 003300 or email servicing@interbayuk.com if you’d like an update on progress.
Joshua.williams@osb.co.uk
