The deal was a remortgage on a semi-commercial property in Richmond.
Andrew Murray, general manager of InterBay, said: “Having just opened our commercial mortgage business in May, we at InterBay are delighted to announce our first mortgage completion on a semi-commercial property in Richmond.”
“We are pleased with the speed at which this application progressed. The team are excited about the level of interest and volume of applications we’ve received since our launch at the Manchester Expo. There are several cases due to complete over the next two weeks and a pipeline of applications is building well. We look forward to working with many more brokers in satisfying their commercial clients’ needs.”