Range features new products and reduced rates
InterBay, part of specialist lender OSB Group, has relaunched its commercial and semi-commercial range with reduced rates and new products.
Aiming to support intermediary brokers with more commercial and semi-commercial options for their clients, the lender has slashed rates across both commercial and semi-commercial products under its Core range.
The Select range, which brokers can access through a Select partner, also features new commercial investment and owner occupier products, aside from rate cuts across both commercial and semi-commercial deals.
There is also a new range dedicated to purpose-built student accommodation (PBSA), while a holiday let range has also been reintroduced.
“We’re delighted to return the full range to market just as we’ve entered a new year,” Marc Callaghan (pictured), head of specialist lending at InterBay, said. “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.
“While 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.”
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