Under different guises Shawbrook Bank has been in business since 1944, in 2011 secured loans and commercial loans were added to the lending portfolio. Today they are seen as one of the newer challenger banks looking to help intermediaries with a range of tailored products fitting a variety of commercial and residential needs.
Complete FS became a broker partner with Shawbrook early in 2013 and by October 2013 had become one of only 20 strategic partners. Complete have recognised that Shawbrook have a pragmatic approach to lending, using their experience and common sense to find a way to do a deal that should be done.
Here are some of the selling points to their offering:
- Our loan products are available across residential properties, including: single dwellings, flats, HMO’s, student lets, multi-units and portfolios, as well as mixed use and commercial properties
- Loans offered up to £10m
- Rates from 4.20% above 3 month LIBOR
- Short Term rates – from 0.65% per month up to 60% LTV for standard bridging and 0.69% per month up to 70% LTV
- Second charge loans up to 95% loan to value
- Second charge loans with generous DTI (debt to income)
Working with Complete FS
“ Shawbrook has worked with Complete FS for some time and they feature as a key relationship for our business. The Shawbrook team is consistently impressed by the quality of their submissions, the knowledge of their expert staff, and the professionalism with which they run their business.
Their team has worked extremely hard to gain a deep understanding of our requirements to ensure the process is as efficient as possible for their clients, developing close working relationships across all the Shawbrook specialist teams as a result. This mutual trust and respect underpins a journey that has seen Complete go from strength-to-strength to gain an in depth understanding of the specialist market and wider lending spectrum.
It is a pleasure to work with such an efficient business on a daily basis, one that is committed to transparency and delivering in a fast, flexible and transparent fashion to their introducers and associated customers. We look forward to continuing to build and grow alongside Complete FS throughout the year, and have every confidence in the ability to deliver across all facets of the customer journey. “