The partnership proposition offers a range of exclusives
InterBay, part of the OSB Group, has launched a new partner proposition, Select Partners, which offers access to its enhanced bridging range, improved criteria and expedited service.
The bridging range includes semi commercial and commercial bridging, with rates offered from 0.89%.
Select Partners will also have exclusive access to new commercial pricing for properties with an Energy Performance Certificate (EPC) rating of C or above, as well as a wider semi-commercial product range.
The product enhancements have been developed in response to the recent surge in semi-commercial and commercial property refurbishment activity, according to InterBay.
The new product range, Adrian Moloney (pictured), group intermediary director of OSB Group, said has been developed to satisfy the needs of complex profiles.
“As such, it made sense to launch them in conjunction with our Select Partners who have vast amounts of expertise in this area and are well equipped to support clients with their particular requirements,” he added.
Due to the specialised nature of this type of business, Moloney said the service needs to be specialised too, so InterBay have allocated dedicated resources to support its partners and to ensure close collaboration.
“We are delighted to be a Select Partner with InterBay; it can be complex for brokers to navigate if they are time poor or not had much experience within the commercial market, so this type of partnership makes total sense,” said Doug Hall, director of 3mc.
With energy efficiency becoming increasingly important to clients, Hall said mortgage products which reward C+ EPC ratings are very attractive.
“As well as this, the property market is crying out for quality commercial and semi-commercial bridging finance options, so we are really looking forward to working alongside the highly experienced InterBay team on future deals,” he added.
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