Brilliant Solutions

Shawbrook Bank Update

Announcement

NEW Complex & Specialist Buy-to-Let Products Just launched!

We’re excited to unveil a refreshed Buy-to-Let range – designed to help you offer products tailored to your clients’ individual circumstances.

What’s new:
We’ve retired our Digital BTL product and launched our new SB1 Specialist Buy-to-Let range:

  • Single lets – houses and flats (up to 10 properties)

  • HMOs and MUFBs – up to 10 units for clients with strong credit

This new range complements our recently expanded SB2 Complex & Large Buy-to-Let and existing Structured Real Estate products, giving your clients even greater choice and flexibility to suit their needs.

Now available across the whole Buy-to-Let range:

  • AVMs (subject to eligibility) on individual houses and flats including
    new criteria for large portfolio loans of more than 10 properties
  • A choice of variable and fixed rates of 2, 3, 5 or 10 years on every product
  • Arrangement fees of 2%, 3% or 5% on every product, each with a matching interest rate to suit different requirements
NEW SB1: Specialist Buy-to-Let

Key highlights across all SB1 segments

  • Loans up to £1m
  • Broker commission at 1.25%
  • Specialist Buy-to-Let mortgages for clients with a strong credit history (must meet new SB1 credit history criteria)
  • Ex-pats (subject to 0.25% rate loading), serviced accommodation and top slicing acceptable on SB1 products
  • Available to individual, partnership and limited company borrowers

Single Let Houses and Flats

  • Rates from 4.59%
  • Individual single let houses and flats
    – up to 10 properties on a loan
  • AVM automatically offered by Broker
    Hub but a physical valuation can be instructed where it is not available

HMOs & MUFBs

  • Rates from 4.89%
  • HMOs up to 10 occupants with investment valuations available
    (where applicable)
  • MUFBs up to 10 units

 

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