Buy-to-Let Portfolio
Our recent publication featured an article titled Specialised Lending | Shawbrook Bank’s Latest Bridging Finance | 2021.”Building on this, our next post explores the transformation of their Buy-to-Let Portfolio. Join us as we delve into the latest updates on Shawbrook Bank’s Buy-to-Let Product for 2021.
Shawbrook Bank is committed to enhancing its Buy-to-Let product line. Their latest innovation, the portfolio product, aims to provide investors and landlords with a comprehensive solution for managing larger portfolios.
By recognising the evolving needs of the property market, Shawbrook Bank stays competitive. They position themselves as a trusted partner for investors seeking to optimise their buy-to-let holdings.
The portfolio product simplifies the complexities of managing multiple properties. It offers flexible terms, competitive rates, and features to streamline borrowing.
This product reflects Shawbrook Bank’s dedication to meeting diverse client needs in property investment, particularly for buy-to-let portfolios. Buy-to-Le
They have continued revamping their Buy-to-Let offering with a brand-new Portfolio product.
Shawbrook’s expansion shows its commitment to diverse real estate and buy-to-let market clients. The new mid-range solution offers portfolio landlords a tailored product that meets specific challenges in managing their Buy-to-Let portfolios.
This product bridges the gap between simplicity and specialisation. Not all portfolio landlords need highly customised solutions but a nuanced approach.
MyShawbrook Buy-to-Let streamlines the application process. Portfolio landlords can easily apply for financing through this user-friendly digital platform. It allows clients to manage their applications and access important information during the loan approval.
Additionally, competitive pricing highlights Shawbrook’s dedication to providing value. They help customers optimise their buy-to-let portfolios with cost-effective financing options. This financial flexibility is essential for managing and growing property portfolios.
Key features:
- 5-year fixed rate of 4.09%
- Up to 75% LTV
- 1.00% Broker Partner commission
- Eligible for existing customer discount
Download their product guide here.
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 fails, the case can proceed on Shawbrook’s specialist product.
Pipeline cases at the pre-offer stage will proceed on the new rates, while cases that have received a formal offer will proceed on the previously agreed rates.
Download their lending criteria here.
Shawbrook’s 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.
Download their Product Guide for more information. If you have any questions, don’t hesitate to contact their Sales Desk team or your Regional Development Manager.
To contact Shawbrook, click here.
What’s Connect’s role in this?
As a mortgage network, Connect plays a pivotal role in driving the advancement of mortgage expertise throughout its network, particularly regarding buy-to-let portfolios. Our dedication goes well beyond traditional mortgage offerings, as we actively support and facilitate the incorporation of specialised lending solutions.
These specialised financial products encourage our advisors to converse with their clients about the potential of becoming landlords with buy-to-let portfolios. Sometimes, we encourage product education and awareness of eligibility criteria through our lender digital learning program, where Continuous Professional Development (CDP) credits are awarded for participation.
Collectively, these initiatives contribute to delivering the highest quality advice and service to our advisors’ client base.
We’ve reached the end of our publication on “Buy-to-Let Portfolio | Shawbrook Bank Revamp of Their Buy-to-Let Product | 2021.” Until next time, stay “Connect!”