InterBay cuts commercial rates and launches new remortgage products
The lender has also introduced 1% cashback and and 5% arrangement fee options.
"Now that we’ve reached a relative period of stability, it was the right time to review, enhance and expand the InterBay product range"
- Marc Callaghan, head of specialist lending at InterBay
InterBay has enhanced its semi commercial and commercial product ranges, including new limited edition remortgage products, reduced rates, new cashback options and 5% arrangement fee products.
In its core commercial range, the lender has launched new remortgage products and 1% cashback products, with the lowest available rate now at 7.09%.
InterBay has also launched remortgage products and 1% cashback offers in its semi-commercial range, with rates now starting from 6.09%.
Marc Callaghan, 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.”
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