The lender outlined that it has added 12 underwriters and 8 completion officers who will contribute towards expanding its buy-to-let, commercial investment, bridging and second charge lending teams.

According to Shawbrook, it is now well-equipped to handle increasing demand from a buoyant market.

Gavin Seaholme, head of sales for Shawbrook’ Property Finance division, said: “We’re proud to have supported the market throughout the challenges of the past 12 months, working with brokers to find solutions for clients in the most complex of situations.

“The announcement today that we are increasing the capacity within our lending team is just one way that solidifies our commitment to the market for the long term.

“We’ve strengthened the team with 20 highly skilled people to further enhance our proposition, and I look forward to the swift impact this will have on service level agreements.”