The specialist commercial mortgage lender, which is part of the OneSavings Bank Group, said its Refurb product range now features specific products for houses in multiple occupations (HMOs) and rate reductions to buy-to-let (BTL) refurb.
It also offers an extension to interest roll up periods for medium and heavy refurbishment and a new exit facility allowing borrowers to benefit from a HMO/BTL product when a refurbishment is completed.
Adrian Moloney, Sales Director at OneSavings Bank, said the enhanced HMO proposition featured some of the most favourably priced rates in the market.
“I am delighted to see InterBay Commercial deliver this new proposition following its extensive research with its key partners,” said Adrian.
“It is testament to the strength of its partnerships and the experience and knowledge of the various teams within OneSavings Bank that have helped create one of the truly innovative products to be delivered to the commercial finance market.”
Leave a comment