It also introduces new limited edition remortgage products
InterBay, a specialist lender under the OSB Group, has announced a series of updates to its semi-commercial and commercial mortgage products.
The changes include new limited edition remortgage products, reduced rates, and the introduction of 1% cashback options.
In the lender’s commercial core range, the lowest rate now available is 7.09%. Meanwhile, the semi-commercial core range features a new minimum rate of 6.09%. Both ranges also feature new remortgage options and new 1% cashback offers.
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“Now that we’ve reached a relative period of stability, it was the right time to review, enhance and expand the InterBay product range to provide improved options and solutions to our broker partners,” said Marc Callaghan (pictured), head of specialist lending at InterBay.
“Having successfully piloted the cashback option with our Select partners earlier in the year, I’m pleased that we’re now rolling this out across our entire semi-commercial and commercial ranges.
“Underpinning this offering is our award-winning sales team, who are not only subject matter experts but recognised for their outstanding levels of customer service. This was highlighted in an independent survey commissioned by Smart Money People, where brokers shared their views on service delivery, and InterBay came top which reflects our continued commitment to deliver the best outcome for our clients.”
Also earlier this year, InterBay established a commercial investment team, known as the Specialist Finance Account Managers (SFAMs), to assist landlords seeking to expand their property portfolios. The team focuses on supporting investments in both commercial and semi-commercial properties.
Comprised of finance experts with extensive knowledge in the commercial and semi-commercial sectors, the SFAM team is able to offer specialised guidance to brokers and their clients.
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