CHRISTMAS OPENING HOURS – the office will close on Monday 23rd December at 5:30 pm and will re-open on Thursday 2nd January 2025 at 9 am
Office now closes 5pm on Fridays
CHRISTMAS OPENING HOURS – the office will close on Monday 23rd December at 5:30 pm and will re-open on Thursday 2nd January 2025 at 9 am
In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.
The office will re-open at 9am on Tuesday 20th September.
Announcement Important Product Update This is an advance notice to inform you that as of close of business on Friday 3 February, our Regulated Bridging product will no longer form part of our product offering. One of our focuses moving into the new year is to examine the different ways we can streamline our proposition, …
Announcement Real Estate Business Update We are making some risk appetite changes to our products with immediate effect. These changes include: Buy-to-Let We are continuing to support first time landlords but at a maximum LTV of 65% Commercial and Semi-Commercial For all new applications, clients must have at least two years ownership of an existing …
Announcement Changes to our Buy-to-Let and Commercial offering Buy-to-Let Maximum 70% LTV Minimum loan size remains at £40k Commercial Investment Commercial Investment maximum 60% LTV & Semi-Commercial 65% LTV Minimum loan size has increased to £1m
Announcement Updates to Shawbrook Base Rate Following the announcement of the increase to the Bank of England Base Rate, we can confirm that Shawbrook Base Rate has increased to 3.00% (as of 4 November 2022).
Announcement Changes to Lending Criteria Following on from our recent criteria update, we have had to make some further adjustments to our lending criteria. These changes reflect risk appetite adjustments in the current market, however we will continue to review these changes as we remain committed to lending to your customers. These changes include: Valuations: …
Announcement Changes to our fixed rates New Pricing for Digital Products To enable us to continue to support a wide range of customers with our award winning digital Buy-to-Let proposition, we are introducing a new price point for loans under £150,000. Loans for our digital products will start from 6.74%. Fixed Rate Changes Increases to …
Announcement Immediate changes to our fixed rates Immediate changes across our Second Charge Mortgage range. The following changes will be effective from Friday 7 October 2022: Increases to our rates, which will now start from 7.45% Removal of 85% LTV product Pipeline: All cases that were entered on DJ Broker Hub prior to Friday 7 October 2022 …
Announcement From 3:30pm today, our systems will be unavailable for a short while whilst we implement some revised price points across our Buy-to-Let, Commercial and Bridging product ranges. These will go live immediately at 4pm.
Announcement Changes to our legal fees We wanted to give you advanced notice about changes to our legal fees and how we plan on reacting to any Bank of England Base Rate changes. Changes to legal fees As of Monday 26 September, we will be increasing our legal fees for Buy-to-Let and Commercial & Semi-Commercial …