This is in response to demand direct from brokers, and InterBay has already secured its first completion in Scotland.
InterBay launched in the UK in May earlier this year, following on from a successful inception in the US in the year 2000, and expansion into Canada in 2002. As the business pipeline has been growing they have been steadily recruiting to build their team in the UK and now have a total of 50 staff.
Phil Irwin, of Access Commercial Mortgages commented: “I am delighted to have been a part of InterBay’s first completion in Scotland. This particular case involved the purchase of a bed and breakfast property, and InterBay were able to provide us with step by step support to ensure the deal was managed effectively. I would welcome working with them again in the future.”
Colin Bell, operations director at InterBay said: “It is fantastic news that our first deal in Scotland has been secured. We had always planned to move into Scotland and Northern Ireland, but demand from brokers has brought this launch forward. We see this as another building block, following our success in England and Wales – we are keen to increase our presence across the British Isles to become the key commercial mortgage lender in the UK. The team here have been working really hard to push the business forward and we feel that we are going from strength to strength.”
