About Shawbrook

Shawbrook bank offer a very substantial range of services in areas such as personal savings, property finance and commercial finance. To emphasise this we have highlighted below some the types of loans that they offer and the information shown was correct at January ‘21.

What type of Loans do Shawbrook Bank Offer?

  • Personal Loans – These are unsecured loans meaning that your property is not at risk should you become unable to pay back the loan.

  • Bridging Loans – These are short term loans secured on property that are most commonly used to finance a new property while an existing property is awaiting sale.

  • First Charge Mortgages – These are normal mortgages as used to purchase both residential homes, BTL rental property and commercial property.

  • Second Charge Mortgages – These are loans that are secured on a property that carries an existing first charge mortgage, all as described on this site.

  • Secured Loans – These are loans secured against a property or other asset, all as described on this site.

  • Commercial Finance – These are loans usually associated with businesses.

Key Features

  • Loan Values – From £5,000 to £500,000.

  • Loan Terms – from 3 to 30 years.

  • Interest rates – From 4.2%.

  • LTV – Up to 85% of property value less existing mortgage.

  • Early repayment charges – Nil

Eligibility Criteria

  • Minimum property value – £70,000

  • Credit history – No adverse credit history within the last 12 months.

  • Age Range – up to 85 years at end of loan term.

Typical processing time

Unlike normal mortgages, because your property is securing the loan, secured loans can be processed very quickly. From agreeing to proceed with your application an average time of around 4 weeks would be considered normal for you to receive your money.

Get a FREE Quote

To find out more about Shawbrook Bank products please click on the button below to request a call back by one of our friendly staff  to discuss your requirements and circumstances. If you are eligible for the loan you require, you will be connected to one of our brokers who will can give you a FREE quote and handle the application process for you.

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