Shawbrook has announced a comprehensive range of rate reductions. This includes its buy-to-let, commercial, semi-commercial and bridging products, as well as the recently launched Limited Edition Buy-to-Let product.
The following rates apply to all new applications from today:
- Complex buy-to-let: rate reductions of up to 0.55%, with rates starting from 5.69%.
- Digital buy-to-let: rate reductions of up to 0.5%, with rates starting from 5.99%.
- Semi-commercial: rate reductions of up to 0.35%, with rates starting from 6.79%.
- Commercial: rate reductions of up to 0.55%, with rates starting from 7.44%.
- Bridging: rate reductions of up to 0.1% per month, with rates starting from 0.69%.
Shawbrook director of real estate proposition Daryl Norkett comments: “In response to the dynamic market conditions, we are pleased to announce a range of rate reductions, designed to empower professional investors with the tools they need to achieve their property ambitions in 2024”.
