InterBay launches Select Partners alongside enhanced bridging range
InterBay, part of the OSB group, has launched Select Partners; a new partner proposition which offers exclusive access to its enhanced bridging range, improved criteria and expedited service.
The bridging range includes semi commercial and commercial bridging with rates from 0.89%. Select Partners will also have exclusive access to new commercial pricing for properties with an 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 and could be particularly attractive to investors looking to diversify.
Adrian Moloney, group intermediary director, OSB Group, commented: “Our new product range has been developed to satisfy the needs of complex profiles so 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.
Due to the specialised nature of this type of business, the service we effectively “wrap around them” needs to be specialised too so we’ve allocated dedicated resource to support our partners and to ensure close collaboration.”
Doug Hall, director, 3mc, added: “We’re 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.”
“With energy efficiency becoming increasingly important to our clients, 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’re really looking forward to working alongside the highly experienced InterBay team on future deals.”
