From today, Legal & General club members can access InterBay Commercial’s buy-to-let, houses in multiple occupation, commercial, semi-commercial and bridging products.
nterBay Commercial is part of the specialist lending and retail savings group One Savings Bank PLC, which has an existing relationship with Legal & General through Kent Reliance for Intermediaries.
Danny Belton, head of lender relationships at Legal and General Mortgage Club, said there is an increased customer demand for mortgage brokers to not only provide guidance and support, but also a flexible solution to often complex lending requirements.
He said: "Commercial lending is yet another area where Legal & General Mortgage Club are seeing further opportunities for mortgage brokers and we are keen to partner with specialists like InterBay Commercial, who are able to help us provide the choice and flexibility that brokers are looking for."
Adrian Moloney, sales director at OneSavings Bank, said: “We are delighted to provide Legal & General members with direct access to InterBay’s competitive bridging solutions as the team have streamlined the process to enable brokers to respond faster to their clients’ needs.”