InterBay makes bridging products available to entire broker panel
By Jordan WilliamsInterBay Commercial has made its residential investment and commercial bridging finance products available to its entire broker panel following a successful trial last year
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The lender – which is part of the OneSavings Bank group – offers rates starting from 0.44% per month.
InterBay has also announced partnerships with mortgage clubs 3mc and Buy to Let Club whose brokers will have access to the bridging proposition as well as the lender’s range of commercial and specialist BTL products.
Adrian Moloney, sales director at OneSavings Bank (pictured above), said: “With such strong demand across the industry, we’re not planning to take our foot off the gas, especially after such a positive response to our trial.
“There’s clearly a lot of appetite among brokers for tailored products that will help their clients bridge quickly and efficiently, so I’m also very happy to announce that we’re now able to offer this proposition through our new partners 3mc and Buy to Let Club as well as our current partners on the InterBay broker panel.”
Ying Tan, managing director at Buy to Let Club, added: “We’re delighted to be one of two clubs chosen to support InterBay in this groundbreaking new proposition.
“It’s great to see a commercial lender taking this bold step and making complex mortgages more accessible to the wider market.
“I know that our members will welcome these enhancements wholeheartedly.”
Keywords: Interbay commercial, onesavings bank, bridging finance, commercial finance, bridging loans, commercial mortgages, residential investment loans, buy to let loans, specialist buy to let, specialist banks, specialist finance, specialist loans