Shawbrook Bank launches secured loan for clients with IVAs

Shawbrook Bank is launching a secured loan aimed at borrowers with individual voluntary arrangement contracts.

Related topics:  Specialist Lending
Amy Loddington
15th February 2013
Shawbrook Bank launches secured loan for clients with IVAs
The product will be available through the Select Partnership, with rates on the product starting from 11.9% and going up to 80% LTV.

Maeve Ward, head of sales for secured lending, said:


“This market is underserviced and other lenders tend to shy away from offering a competitive solution for clients. At Shawbrook we take the time to understand and assess the needs of clients as well as identify gaps in the market.”
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