InterBay supports commercial portfolio growth with £10.8m owner-occupier deal

27 February 2026

InterBay, the specialist commercial lender and part of OSB Group, has completed a £10.8m owner occupier remortgage for broker Synergy Commercial Finance and their client to support the expansion of a growing commercial property portfolio.

The deal involved refinancing four commercial assets, including warehouse storage and retail units across London and Kent at a lower rate than the client’s existing arrangements. This provided the client with the capacity to explore further investment opportunities for their business.

InterBay Specialist Finance Account Manager (SFAM) Simon Ward worked closely with David Kay at Synergy to structure the case and ensure the client's requirements were fully met. They were supported by InterBay’s in house underwriting team, who helped navigate the policy challenge relating to the reletting period of one of the units which required an exception. By taking a holistic view of the client’s business and applying a flexible underwriting approach, the case was able to progress through to completion.

Marc Callaghan, Head of Commercial Lending, 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 Simon 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, said:

“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.”