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

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...