Shawbrook has expanded its buy-to-let proposition with new product options, rate reductions, and updated tools designed to help brokers support their clients.
The bank has retired its limited edition buy-to-let range and introduced an expanded suite of complex buy-to-let products. Borrowers can now choose arrangement fees of 2%, 3%, or 5%, alongside fixed and variable rate options covering two, three, five, or ten years.
To assist brokers in navigating the wider choice, the calculator within Shawbrook’s Broker Hub has been rebuilt. It now allows brokers to filter products by fixed rate period or arrangement fee, as well as input a property’s EPC rating to generate accurate quotes that include applicable EPC discounts. This aims to make product comparisons faster and more straightforward.
Shawbrook has also reduced rates by up to 0.40% on complex buy-to-let products under £1m. In addition, the lender has aligned its loan size banding with its commercial mortgages range, a change particularly relevant for brokers handling live cases.
“These enhancements demonstrate our commitment to supporting brokers and their clients with solutions that meet a wide range of needs,” said Daryl Norkett, director of real estate proposition at Shawbrook. “By expanding our product range and improving our terms, we’re making it simpler for landlords to secure the right financing for their property investments. Equally, our new Broker Hub Calculator will make it easier for brokers to compare these options and consider what best suits their individual customers’ needs.”
