InterBay has refreshed its commercial lending proposition with rate reductions and greater flexibility for brokers as lenders continue adapting to increasingly complex borrower requirements across the specialist market.
The lender, part of OSB Group, confirmed pricing cuts of up to 40bps across its owner-occupier range, alongside improved pricing for larger loans and lower loan-to-value borrowing.
The changes also include the removal of EPC-related restrictions from its commercial offering, simplifying deal structuring across a broader range of property types.
InterBay says lower pricing will now be available for loans above £2.5m, while improved rates at lower LTV bands are aimed at strengthening support for a wider range of client profiles and risk appetites.
NO EPC RESTRICTIONS
The removal of EPC restrictions is also likely to be welcomed across the market, particularly for borrowers dealing with older or more complex commercial stock where energy performance requirements have increasingly complicated financing options.
As refinancing pressures continue and mainstream appetite remains selective, specialist lenders are placing greater emphasis on flexibility, speed and pragmatic underwriting to maintain flow in the commercial market.
Marc Callaghan (main picture), head of commercial lending at InterBay, says: “Brokers are dealing with increasingly varied commercial cases, so having clarity and confidence in how a deal can be structured is key.
“This refresh is about giving them a proposition that works for the realities of the current market and supports them in delivering the right outcome for their clients.”
The latest changes come as specialist lenders continue repricing and refining products in response to shifting market conditions, with competition intensifying across both bridging and commercial investment lending.
