InterBay introduces joint representation
By Elliot TophamInterBay has introduced joint representation to its legal process in a bid to speed up cases, supported by an updated conveyancer panel.
According to the lender joint rep could streamline communication, speed up completions and get more control over legal costs.
Marc Callaghan, head of commercial lending at InterBay (pictured above), commented: “We're always striving to improve the service we offer across commercial, semi-commercial, buy to let and bridging sectors so we know that these changes will be welcomed by our broker partners.
“Not only will these changes speed up the conveyancing process but we’ve updated our panel to reflect the in-depth knowledge and expertise needed to successfully support the new process.”
Paul Debney, director for commercial finance at Karis Capital, added: "Joint representation is a great option for us and our clients. It can make the legal process more streamline, provide consistency across both parties and could be more cost-effective too.
“It's becoming increasing popular within the specialist space, and we're delighted that InterBay now provides this choice."
The news follows the firm launching a new owner-occupier range while cutting rates last week.
Keywords: marc Callaghan, osb, interbay, karis capital, paul debney, specialist finance lender, bridging lender, commercial lender, joint representation, conveyancer panel
Source: Bridging & Commercial — https://bridgingandcommercial.co.uk/interbay-introduces-joint-representation