Shawbrook reduces commercial and semi-commercial rates
Shawbrook has announced a reduction in rates across its commercial and semi-commercial investment offerings, with rates now starting from 4.74%.
"We remain steadfast in our commitment to helping brokers to provide more choice and competitive options to meet the abundant demand that exists in this sector."
A five-year fixed rate semi-commercial product for loans over £150,000 has reduced from 5.09% to 4.74%.
Additionally, a commercial five-year fix has been lowered from 5.79% to 5.49%.
Shawbrook’s commercial range caters for loans up to 75% LTV and is suitable for complex commercial investments including serviced offices, and vacant units being considered.
Darrell Walker, head of sales at Shawbrook, commented: “In what has been a very fast paced market, Shawbrook’s ability to be agile through our commercial investment offering has provided more opportunities for our customers that may be making the most of current market opportunities.
“At Shawbrook we remain steadfast in our commitment to helping brokers to provide more choice and competitive options to meet the abundant demand that exists in this sector. We’re proud of our commercial investment offering and hope by making our rates more competitive, we send a clear signal of our continued commitment to this market.”
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