Shawbrook has announced an enhancement to its property product offerings by introducing a new lower limit loan size of £150,000 for its commercial and semi-commercial products.
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Shawbrook can now support loans from £150,000 to £250,000. Rates begin at 7.79% for Commercial and 7.14% for Semi-Commercial loans below £250,000 and from 6.79% across the wider range up to £25m.
This adjustment means Shawbrook caters to the financial needs of small and large professional property investors, supporting both seasoned commercial property investors and buy-to-let landlords seeking to diversify into higher yielding assets.
Shawbrook’s director of real estate proposition Daryl Norkett commented: “Our decision to reduce the minimum loan size for our commercial and semi-commercial products reflects our commitment to supporting the success of professional property investors”.
He added: “We recognise that landlords are increasingly looking to diversify into commercial property investment. Our research shows residential landlords are looking to add commercial properties to their portfolios and 37% cite diversification as the main reason. By providing increased flexibility and competitive rates, we can empower our customers to achieve their property ambitions.”
