InterBay cuts semi-commercial and commercial rates

Published on

InterBay has made changes across its semi-commercial and commercial product ranges; including new limited edition remortgage products, reduced rates, new cashback options and 5% arrangement fee products.

Details are as follows:

New Commercial Core range:

  • New limited edition remortgage products
  • New 1% cashback products
  • Lowest rate available across entire range 7.09%

New Semi-Commercial Core range:

  • New limited edition remortgage products
  • New 1% cashback products
  • Lowest rate available across entire range 6.09%

Marc Callaghan (pictured), head of specialist lending at InterBay, said: “Now that we’ve reached a relative period of stability, it was the right time to review, enhance and expand the InterBay product range to provide improved options and solutions to our broker partners.

“Having successfully piloted the cashback option with our Select partners earlier in the year, I’m pleased that we’re now rolling this out across our entire semi-commercial and commercial ranges.

“Underpinning this fantastic offering is our awardwinning sales team, who are not only subject matter experts but recognised for their outstanding levels of customer service. This was highlighted in an independent survey commissioned by Smart Money People, where brokers shared their views on service delivery and InterBay came top which reflects our continued commitment to deliver the best outcome for our 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

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...

HTB provides £20m+ facility for land portfolio refinancing

Hampshire Trust Bank has completed a development finance facility in excess of £20m to...

Davisons Law joins conveybuddy panel

Conveyancing distributor conveybuddy has announced that West Midlands-based Davisons Law has joined its panel...

Latest opinions

A home shouldn’t be out of reach for those who keep the UK running

In a housing market that has grown steadily more selective, it is often those...

Richard Pike: A conference of positivity – Global ABS Day three

It’s time for reflection of the last three days here in Barca. To readers,...

Maximising embedded value and delivering a great service

While advisers understand the importance of looking after existing clients, nurturing your back book...

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Other news

Crystal hails Goldberg’s impact and welcomes Together leadership plan

One of the UK specialist finance sector’s most prominent distribution firms has paid tribute...

The Exeter reveals 2024 health, income protection and life payouts

UK mutual health and protection insurer The Exeter paid out £61 million in claims...

Tandem reports record green lending as customers cut 70,000 tonnes of CO₂

Tandem Bank has published its most comprehensive ESG report to date, disclosing that it...