InterBay relaunches full commercial and semi-commercial range

By Bridging Loan Directory 16th January 2024

InterBay, part of the leading specialist lender OSB Group, has relaunched its full product range with reduced rates and new products to help its 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
New range dedicated to purpose-built student accommodation
Re-introduction of 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 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”.