InterBay relaunches full commercial and semi-commercial range

The lender has announced that it has relaunched its full product range including rate reductions and new products.

Related topics:  Finance,  Mortgages,  Commercial
Property | Reporter
18th January 2024
commercial 449
"After evaluation of the market, including listening closely to intermediary feedback, we’ve broadened the offering across InterBay, with a focus on key specialist areas that we’ve gained a reputation for."
- Marc Callaghan - InterBay

InterBay has relaunched its full product range following market feedback with the firm aiming to further assist their intermediary brokers with commercial and semi-commercial options for their clients.

Whilst the Core range includes reduced rates across both commercial and semi-commercial products, the Select range, which brokers can access via a Select partner includes reduced rates across both commercial and semi-commercial ranges, new commercial investment and owner occupier products, a new range dedicated to purpose-built student accommodation and the reintroduction of its holiday let range.

Marc Callaghan, Head of Specialist Lending, InterBay said: “We’re delighted to return the full range to market just as we’ve entered a new year. After evaluation of the market, including listening closely to intermediary feedback, we’ve broadened the offering across InterBay, with a focus on key specialist areas that we’ve gained a reputation for.

“For example, for PBSAs, we’ve introduced a completely new range to support strong increases in demand and transactions in the sector which was up 23% in Q3 2023 in comparison to the previous year.

“Whilst we’ve been able to lower our rates and pricing, equally important is that we still have a strong focus on maintaining the excellent service that InterBay is renowned for.”

Lucy Waters, Managing Director, Aria Finance said: “It’s great to see the full InterBay range return to the market as their service and expertise in the commercial and semi-commercial sector really helps us to support customers with products to suit their specialist requirements."

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