Shawbrook’s “Summer Stampede” campaign continues with the introduction of 7 and 10 year Fixed Rate options
05 June 2017
The Commercial Mortgages team has a raft of initiatives planned over the summer months…
Shawbrook Commercial brings more fixed rate options to market with the addition of 7 and 10 year fixes to supplement the 3, 4 and 5 year options. This comes at a crucial time as many professional investors and landlords look to maximise the level of funding available to support future growth.
Combined with a significant drop in pricing across all Shawbrook Fixed Rates of up to 0.42%, this provides significant benefit to the borrower by allowing access to additional funds over a longer period of time. These important changes arrive at a time when investors are considering their gearing options carefully, and dramatically increases the competitiveness of the Shawbrook Fixed Rate offering.
Karen Bennett, Managing Director for Shawbrook Commercial Mortgages comments:
“Landlords and investors have been under pressure from a variety of sources over the past 18 months with a changing tax landscape, affordability pressures, and a turbulent political environment impacting the wider economy. A key goal of the Summer Stampede campaign was to reiterate our commitment to this market and demonstrate our appetite to lend in a sustainable and customer-centric way.
The introduction of the 7 and 10 year fixed rate options, along with this month’s significant reduction in price, is a huge win for customers looking to maximise their borrowing and invest in future growth. We are delighted to be in a position to support this and look forward to the impact it has for our Broker Partners.”
