On loans of £75k to £750k for investors and owner occupiers, the changes are intended to offer a fast front end decision without compromising quality of business.
Rachel Hanson, New Business Manager at Shawbrook Bank Key Partner Intermediary First, commented:
“Shawbrook has evolved significantly since it’s launch and we expect these new procedures to improve service standards to our introducers. This is good news for new applicants who will benefit from a more robust application process. The timing is perfect as we anticipate increasing demand for Shawbrook’s attractive products.”
Shawbrook Commercial mortgages are available exclusively through financial intermediaries. Shawbrook also offers bespoke large term loans from £750k upwards and short term loans for investment purchases at market leading rates.