Shawbrook cuts commercial investment rates

Published on

Shawbrook Bank has reduced in rates across its commercial investment proposition, with rates now starting from 5.19%.

The changes impact the specialist lender’s commercial and semi-commercial variable rate products on loans over £100k, with the biggest reduction seen to its semi-commercial offering at 65% LTV.

Shawbrook’s commercial investment range caters for loans up to 75% LTV, between £50k to £25m and is also suitable for complex commercial investments including serviced offices and property multi-lets on licences.

Gavin Seaholme (pictured), head of sales at Shawbrook, said: “The commercial investment sector has been faced with great change and uncertainty over recent months, but we remain fully committed to helping brokers maximise the abundance of opportunity that still exists.

“We’re proud of our commercial investment offering and hope by making our rates more competitive, we send a clear signal of our continued commitment to this market.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...