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InterBay Commercial reintroduces 80% LTV BTL deals
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Precise and InterBay relaunch higher LTVs and add new products
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InterBay Commercial has become the latest lender to join Propp’s panel of lenders.
Propp is a comparison site that specialises in bridging, development and commercial finance whilst InterBay is a well-known brand in the market.
Paul Elliott, managing director at Propp, said: “It’s crucial that businesses across the UK are once again able to look to the future after what has been a very difficult twelve months for most.
“We’re pleased to see the commercial market start to move again and Interbay Commercial joining the platform with a renewed appetite will send a signal to the rest of the industry to follow suit.
Lenders grow and restructure teams to reflect new demands
By Rebekah Commane 6
th January 2021 10:30 am
As the nation adapts to another lockdown, intermediary lenders are recruiting and making changes to their teams to best assist brokers in the current working environment.
Accord Mortgages has appointed 26 new team members across its sales and underwriting teams.
The lender says that the additions are needed to maintain service levels in 2021.
The sales team will be increased with two new business development advisers who will be supporting the webchat function and supporting brokers with queries on new business applications.
Accord is also recruiting three new telephone business development managers to help support brokers in more areas of the UK. The roles will be home-based and the successful applicants will be responsible for managing broker relationships via telephone, email and webchat.