Shawbrook changes Buy-to-Let (BTL) and Semi-Commercial Products

shawbrook logoFollowing the exclusive announcement at our Strategic Partner Day last week, Shawbrook are delighted to confirm with you the details of the changes to our Buy-to-Let (BTL) and Semi-Commercial products:

  • Return to 75% LTV for our Specialist Buy-to-let Products
  • Return to standard debt service cover ratios (DSCR) at payrate for 5 year fixed rates
  • Interest rates from 6.29% for Specialist Buy-to-Let loans between £150k and £1m
  • Interest rates from 5.69% for Large Buy-to-Let loans over £1m
  • Interest rates from 6.49% for Semi-Commercial loans over £1m
  • Increase of maximum LTV from 65% to 70% on Semi-Commercial loans

Alongside these major enhancements to our Specialist BTL and Semi-Commercial products, you still have access to our recently re-priced Digital BTL products with interest rates from 5.39% at 75% LTV, automatic initial decisioning, AVMs and non-represented legals for refinances.

However for our Strategic Partners, we’re continuing to give you exclusive access to additional elements of our Semi-Commercial offering for a limited time which includes:

  • Reduction in the minimum loan from £1m to £500k
  • Interest rates from 6.89% for loans between £500k – £1m

As valued Strategic Partners, our relationships with you stand at the core of our business and we couldn’t do what we do without you. These changes are part of our commitment to you and your clients, so we can continue to support you both to take advantage of investment opportunities.

Our National Relationship Managers are on hand to answer your queries and support you throughout your application and case process, so please don’t hesitate to pick up the phone.

Please note: As the new Semi-Commercial proposition is exclusive to our Strategic Partners it does not appear on our systems. To submit a case, please use the Commercial AIP form.

Access the Commercial AIP form

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