InterBay announces expansion of solicitor panel
May 15 2018
InterBay Commercial, part of specialist lending group OneSavings Bank, is expanding its solicitor panel for all term loans, following a successful 2017 in which it surpassed all new lending targets.
Paris Smith LLP, previously InterBay’s sole solicitor, will now be joined on the panel by Birketts LLP and Walker Morris LLP. The expansion of the solicitor panel will increase choice for InterBay’s customers, as well as supporting further growth plans for 2018.
The panel was carefully chosen following a rigorous due diligence process, with each member selected due to their expertise in the field and ability to offer specialist legal expertise on all aspects of commercial property finance. In addition, all three firms on the panel offer nationwide coverage and can provide dual legal representation.
Alongside this, Clarke Willmott LLP will continue to act for InterBay on all bridging loans.
Adrian Moloney – Sales Director, OneSavings Bank, commented: “This is an exciting time for InterBay, and I’m delighted that we can broaden our customer’s choice to three highly experienced firms for all term loans. We’re looking forward to working with all three firms and giving our clients an enhanced service that now provides national coverage. InterBay has had an extremely positive start to the year, following a stellar 2017, and the expansion of the solicitor panel reflects this continued drive for growth and the desire to offer our clients the best possible service.”