InterBay launches enhanced semi-commercial proposition
InterBay is pleased to launch a new semi-commercial range today with 2, 3 and 5 year fixed rate products available. A key feature of this range is that commercial income can be considered alongside residential income, with LTVs up to 70%.
As part of specialist lender OneSavings Bank, InterBay combines its commitment to the market with strong support for its broker partners through its award winning business development team.
Adrian Moloney, Group Sales Director, OneSavings Bank, said “This is an exciting range for InterBay and something I know our broker partners have been asking for. It was really important that we followed a structured approach to ensure we could fulfil market requirements and be transparent on the parameters around which we can confidently do business.”
“Let’s be clear, these are still testing times, however with the experience and knowledge that InterBay brings to its intermediary broker partners, we’re absolutely confident that now is the right time to bring this semi-commercial offering to the market”.
Rob Jupp, CEO of one of InterBay’s broker partners Brightstar Financial, commented: “InterBay have an unparalleled breadth of expertise in the semi commercial space and it’s great to see them launch such a strong and enhanced proposition. It’s essential for us as brokers to be able to access the best deals for our clients and in my experience, InterBay can always be relied upon for their clear and consistent decision making.”