Shawbrook launches large loans team to support new £35m maximum loan size

Shawbrook has launched new dedicated support for loans over £5m.

Related topics:  Mortgages,  Buy-to-let,  Commercial
Rozi Jones | Editor, Barcadia Media Limited
26th March 2024
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"We want things to be straightforward for our brokers and their customers with flexible financing built around specific needs and delivered with a personal touch."
- Emma Cox, managing director of real estate at Shawbrook

Shawbrook is enhancing its support for property investors seeking larger, more complex financing solutions by increasing its maximum loan size to £35 million and launching a new premium case management service.

The new structured real estate team will provide a personalised approach for bigger-ticket loans offering flexible solutions, including the ability to take cases to credit approval before valuation, providing certainty early on.

Piragash Sivanesan has been appointed as director and head of structured real estate to lead the new team.

Borrowers securing buy-to-let and commercial loans exceeding £5 million and bridging loans higher than £2.5 million will benefit from a dedicated relationship manager who will support their deal through the entire process.

These tailored loans include five-year fixed rates starting from 5.49% for buy-to-let mortgages, 7.24% for commercial loans and 6.34% for semi-commercial loans (from £5 million to £35 million), and bridging loans from 0.69% per month.

Emma Cox, managing director of real estate at Shawbrook, commented: "Finance at the top-end of the market can be a labyrinth, requiring a keen eye and deep understanding to navigate successfully. That's exactly why we’ve introduced a structured real estate team and offering, as we want things to be straightforward for our brokers and their customers with flexible financing built around specific needs and delivered with a personal touch.

"Our commitment to premium case management means there will always be direct line to our team of experts. We’re delighted to have Piragash on board and his new team, with a wealth of property experience, are perfectly poised to deliver consistent, adaptable funding solutions, fuelling investor growth well into the future."

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