Shawbrook Bank pride themselves on understanding and meeting the needs of the Bridging market so they’ve reduced rates across their Commercial Heavy Refurbishment range by 0.30%. Rates now start from 0.60% per month.
Their competitive rates, transparent lending criteria, simple application process and innovative products are just some of the highlights of their award-winning offering.
Learn more below, including details around their ‘Lending for Refurbishment Costs’ product option and their 4-step application process – highlighted within a handy new guide available for download.
Download product guide here.
Lending for Refurbishment Costs
Shawbrook Bank’s innovative Lending for Refurbishment Costs product option can allow customers to fund their refurbishment costs as part of the day one loan.
- Up to 100% of the refurbishment costs can be funded
- No experience required
- Up to 85% LTV of the Open Market Value in current condition or 75% of the post-works value
They require a schedule of works and costs from the borrower, along with positive commentary from the surveyor on the suitability of the proposed works.
Watch this short animation which explains how it can work for your clients.
Bridging made simple
They believe Bridging should be quick and simple. That’s why they’ve refined our application process, with just 2 documents required and 4 easy steps to get your client’s investment secured.
Download Shawbrook Bank’s new guide – ‘Your Guide to Simple Bridging’ to see just how straightforward the process is.
Contact Shawbrook here.