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Announcement
New Buy-to-Let Portfolio product
We’ve continued the revamp of our Buy-to-Let offering with a brand-new Portfolio product.
Following the launch of our Non-Portfolio product, aimed at simple cases, we’ve introduced a mid-range solution that supports the needs of portfolio landlords.
The new product is designed for cases that are more complex than Non-Portfolio applications, but not as complex as those that fit our Specialist product. This means they will benefit from a streamlined application journey via MyShawbrook Buy-to-Let, while also accessing more competitive pricing.
Key features:
- 5-year fixed rate of 4.09%
- Up to 75% LTV
- 1.00% Broker Partner commission
- Eligible for existing customer discount
Key criteria:
- Supports individual or standalone SPV landlords, as well as non-portfolio landlords who do not proceed with an AVM
- Multiple simple assets e.g. single dwellings and small HMOs
- Properties must meet AVM criteria and the AVM must be successful, but the customer can opt to proceed with a full valuation. If the AVM is unsuccessful, the case can proceed on Shawbrook’s Specialist product.
Pipeline cases at pre-offer stage will proceed on the new rates. Cases which have received a formal offer will proceed on the previously agreed rates
Our refreshed product range has been carefully designed to support the entire spectrum of the Buy-to-Let market – from the simple to the complex and everything in between.