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Buy-to-Let Portfolio | Shawbrook Bank Revamp of Their Buy-to-Let Product | 2021

Buy-to-Let Portfolio

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Buy-to-Let Portfolio

 

Our latest publication featured an article titled “Specialised Lending | Shawbrook Bank’s Latest Bridging Finance | 2021.” Building on our exploration of Shawbrook, our subsequent post focuses on the ongoing transformation of their Buy-to-Let Portfolio. Join us as we delve into the latest developments in Shawbrook Bank’s Buy-to-Let Product for 2021.

Shawbrook Bank’s commitment to enhancing its Buy-to-Let product line, including its buy-to-let portfolio offerings, is evident in the introduction of its latest innovation, the portfolio product. This new addition aims to provide property investors and landlords with a comprehensive and tailored solution for managing larger buy-to-let portfolios.

By recognising the evolving needs of the modern property market, Shawbrook Bank stays competitive and positions itself as a trusted partner for investors looking to optimize their buy-to-let portfolio holdings.

The Portfolio product is designed to simplify the complexities of managing multiple properties in your buy-to-let portfolio, offering flexible terms, competitive rates, and a suite of features to streamline the borrowing process.

It reflects Shawbrook Bank’s dedication to meeting the diverse requirements of its clients in the dynamic world of property investment, particularly in the context of their buy-to-let portfolio.

They have continued revamping their Buy-to-Let offering with a brand-new Portfolio product.

Shawbrook’s continued expansion of its product offerings demonstrates its commitment to catering to a diverse range of clients within the real estate and buy-to-let portfolio market. With the introduction of this mid-range solution, portfolio landlords can now enjoy a tailored financial product that aligns with the specific challenges and opportunities they face in managing their buy-to-let portfolio.

Broker NetworkThis product bridges the gap between simplicity and specialisation, acknowledging that not all portfolio landlords require highly customised financial solutions but still need a more nuanced approach than what non-portfolio applicants receive.

The streamlined application process through MyShawbrook Buy-to-Let ensures that portfolio landlords can apply for financing with ease and convenience for their buy-to-let portfolio. This user-friendly platform provides a digital gateway for clients to manage their applications and access critical information related to their buy-to-let portfolio throughout the loan approval process.

Moreover, including more competitive pricing underscores Shawbrook’s dedication to offering value to its customers and helping them optimise their buy-to-let portfolio. By providing cost-effective financing options, they aim to empower portfolio landlords with the financial flexibility needed to manage and grow their property portfolios effectively.

Overall, Shawbrook’s new mid-range solution reflects the institution’s adaptability and responsiveness to the evolving needs of its clientele in the real estate and buy-to-let portfolio sector, positioning itself as a trusted partner in their financial endeavours related to its buy-to-let portfolio.

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. Cases which 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, or 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?

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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. In some instances, we also 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 come to 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!

 

 

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