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

LiveMore appoints Midlands key account manager

LiveMore has appointed James Green as its new key account manager for the Midlands. Green...

Movera launches academy to support conveyancing talent

Movera, the group behind ONP Solicitors, has launched a new flexible training academy following...

L&C Mortgages joins Open Property Data Association to champion smarter, faster homebuying

L&C Mortgages has joined the Open Property Data Association (OPDA) as an association member. L&C...

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

Tribunal upholds FCA ruling against former Metro Bank chiefs

The Upper Tribunal has upheld the Financial Conduct Authority’s decision to censure Craig Donaldson...

Latest opinions

Tom Bill: Unintended consequences

Former Prime Minister William Pitt the Younger introduced a brick tax in 1784 to...

U.S. Market: lower rates are needed to help unlock the market

When Donald Trump was reelected and took office at the start of this year,...

Mortgage advice in jeopardy as FCA reopens the door to execution-only

Execution only and FCA’s consultation has been playing on my mind. Having navigated decades...

A home shouldn’t be out of reach for those who keep the UK running

In a housing market that has grown steadily more selective, it is often those...

Other news

LiveMore appoints Midlands key account manager

LiveMore has appointed James Green as its new key account manager for the Midlands. Green...

Movera launches academy to support conveyancing talent

Movera, the group behind ONP Solicitors, has launched a new flexible training academy following...

L&C Mortgages joins Open Property Data Association to champion smarter, faster homebuying

L&C Mortgages has joined the Open Property Data Association (OPDA) as an association member. L&C...