Shawbrook completes its largest ever regulated bridging deal
Shawbrook Bank today reported that its Commercial Mortgages division has just completed on its largest ever regulated bridging deal for nearly £2.9m.
The Bank originally launched its Regulated Bridging range in October 2015 for borrowers looking to avoid chain breaks or potentially seeking to downsize.
The borrower was a client of Shawbrook’s Broker Partner The Aftersales Network Ltd. and was looking in this circumstance to avoid a chain break.
Curtis Goring, Managing Director of The Aftersales Network Ltd. commented:
“My client is exceptionally pleased with the level of service they received on this loan, ending in a positive outcome.
“Shawbrook keeps it straightforward with just two Regulated Bridging products that have transparent criteria requirements. My clients appreciate this directness as do I, and I look forward to completing on many more Regulated Bridging Mortgages with Shawbrook in the future.”
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