InterBay Commercial extends distribution to FIBA members

Published on

Members of the Financial Intermediary and Broker Association (FIBA) now have access to InterBay Commercial’s full product proposition through the SimplyBiz Mortgage Club.

InterBay Commercial provides mortgages on UK commercial property to operators and investors. It employs in-house specialists in commercial underwriting, real estate, loan operations, IT and finance.

There is a simple process of registering through the Broker Portal as a member of the SimplyBiz Mortgage Club. Once registration has taken place and members have been accepted, they can then start submitting applications to InterBay Commercial through this route.

Adam Tyler (pictured), FIBA executive chairman, said: “This is an exclusive opportunity for FIBA members to gain access to InterBay Commercial, one of the most proactive lenders in the commercial sector. We are delighted to be further strengthening the lender panel for the benefit of our members.

“It also demonstrates the value that the strength of the SimplyBiz Group brings to FIBA and its members, allowing us to deliver access to lenders and product providers that would be difficult, or impossible to achieve for individual firms, without FIBA membership.”

Darrell Walker, head of sales at InterBay Commercial, added: “We are delighted to be working in partnership with FIBA, as it naturally complements our existing relationship with The SimplyBiz Group and reflects the growth of InterBay into the wider broker market.

“Working in synergy with FIBA and using their national platform means that we can effectively share our criteria driven proposition and specialist manual underwriting expertise with more brokers.

“The InterBay BDM team is really looking forward to developing new connections across the country and providing tailor made solutions and expert advice to help brokers build successful long term relationships with their clients.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Atom bank funds £2.7m purchase of Leicester pub conversion into student housing

Atom bank has provided a £2.7m commercial mortgage to support the purchase of a...

Keystone trims BTL rates and unveils AI-powered upgrade

Keystone Property Finance has reduced rates across its buy-to-let range, with cuts of up...

BTL lending criteria changing to tackle net zero risk

Buy-to-let lenders have begun reassessing their approach to energy-inefficient properties in anticipation of looming...

The Darlington widens criteria for key workers with variable incomes

Darlington Building Society has broadened its mortgage criteria to better support professionals with complex...

The Exeter brings life product to UnderwriteMe’s platform

The Exeter has launched its life insurance product on UnderwriteMe’s Protection Platform, allowing advisers...

Latest opinions

FCA’s mortgage rule changes: it’s time to raise the advice bar, not drop it

The FCA’s move to relax some of the rules around mortgage switching and term...

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

Other news

Atom bank funds £2.7m purchase of Leicester pub conversion into student housing

Atom bank has provided a £2.7m commercial mortgage to support the purchase of a...

Keystone trims BTL rates and unveils AI-powered upgrade

Keystone Property Finance has reduced rates across its buy-to-let range, with cuts of up...

BTL lending criteria changing to tackle net zero risk

Buy-to-let lenders have begun reassessing their approach to energy-inefficient properties in anticipation of looming...