How much do you know about our Development Finance offering? Not enough? Here’s a 3 minute run down of the foundations of our proposition and why your clients should choose Shawbrook as their lender. That’s 3 minutes well spent if you ask us!
In summary, we’d say the key features of our offering are:
1. End-to-End Relationships: we’re here to build long-term relationships. Our Relationship Directors and Portfolio Managers make it their mission to understand the often complex needs of a development project, making on-site visits and are always on hand to answer yours and your client’s queries. We ensure we are with you all the way to completion.
2. Reliable Lending: as a bank, we’re built on strong foundations so your clients can be confident that their funding is available, as and when they need it. We won’t pull the rug out from under their feet.
3. UK Lending: We’re not only London-based… Our team of 35 are based across mainland UK (serving England, Scotland and Wales) and consistently deliver across a comprehensive range of UK-wide development opportunities. We have funded over 3,800 new homes since 2016, with the total value of these facilities exceeding £1.7bn.
Interested? Keep reading for more details.
Our bespoke offering
Our Development Finance proposition is flexible and based on your client’s funding needs, here are some of its key features:
- Term loans of £500k to £30m
- Loan terms up to 36 months
- Max loan to GDV – 65%
- Max loan to cost – 85%
And we lend across a range of projects, our Development Finance is for:
- Experienced property developers
- New build, conversions and refurbishments
- Mixed-use developments
- Student housing, senior living or co-living
- Phased development schemes
Our expert team
We have a team of 35 people based around mainland UK, always on hand to speak to your or your clients throughout the lifetime of our relationship.
With over 500 years experience collectively, we understand the importance of a reliable lender so get in touch with a member of the team about how we can deliver your client’s mission with reliable funding solutions.