InterBay has completed a £10.8m owner‑occupier remortgage for broker Synergy Commercial Finance and its client to support the expansion of a growing commercial property portfolio.
The deal involved the refinancing of four commercial assets, including warehouse storage and retail units across London and Kent, at a lower rate than the client’s existing arrangements.
Marc Callaghan (pictured), head of commercial lending at InterBay, said: “This case highlights how owner‑occupier finance can play a vital role in supporting business development, a key part of InterBay’s proposition. Thanks to the expertise of [Interbay’s] Simon [Ward] and our underwriting team, we were able to deliver a funding solution that met the client’s ambitions despite a policy challenge. We’re delighted to support the next phase of the client’s business expansion.”
David Kay, director, Synergy Commercial Finance, added: “InterBay were exceptional throughout, with particular thanks to SFAM, Simon Ward and the underwriting team. Their proactive approach and commitment were instrumental in getting this deal completed. They consistently went above and beyond to ensure steady progress, acting as true partners rather than passive facilitators.”
