Key updates and insights to support your business

Bridging loan allows landlord to capitalise on auction opportunity

Shawbrook has supported a customer with an unregulated bridging loan to fund an auction purchase, working closely with Strategic Partner ‘The Moneyhub’.

Following the success of MyShawbrook Buy-to-Let last year, Shawbrook has extended its digital offering to now cover Unregulated Bridging with MyShawbrook Bridging.

Shawbrook has announced a reduction in rates across its unregulated bridging offering, with rates now starting from 0.40% per month. Prior to today, customers could have expected rates starting at 0.50% per month.

Shawbrook Bank has announced a reduction in rates across its Commercial Heavy Refurbishment product range, with rates now starting from 0.60% per month.

Shawbrook Bank, alongside its Strategic Partner, Vantage Finance, recently supported a customer with a £189,000 bridging loan, enabling them to purchase a 3-bed property at auction and complete refurbishment works.

Shawbrook Bank has supported a customer with a £14.5m bridging loan, allowing them to refinance a large, self-contained office building near Uxbridge town centre.

Shawbrook Bank, in collaboration with the Centre for Economics and Business Research (CEBR) has delivered a snapshot of the latest trends and outlook for the UK bridging finance market.

Shawbrook has announced revised pricing across their bridging range, including both regulated and unregulated products with rates now starting at 0.5%.

Shawbrook has completed a £1.18m developer exit bridging loan for a highly experienced property developer seeking short-term funding to support their next project.

Shawbrook has completed a bridging loan for a customer in need of short-term funding to complete an urgent auction purchase. The bank was approached by one of its strategic partners, NM Finance just two weeks before the purchase was due to complete and overcame last-minute challenges to deliver on time for the customer.

We were approached by Broker Partner Go Finance, seeking a short-term finance solution for their client planning to covert a single-family dwelling into a 6-bed HMO.