Shawbrook has reduced rates across its commercial and semi-commercial mortgage ranges by up to 0.35 percentage points.
The reductions apply to selected two, three, five and 10-year fixed-rate products, giving brokers access to more competitively priced funding for clients purchasing or refinancing commercial property.
Rates across Shawbrook’s commercial trading mortgage range have also been cut by up to 0.50 percentage points on selected two, three and five-year fixed-rate products.
The trading mortgage reductions are aimed at owner-occupiers and businesses looking to buy or refinance their premises.
STRENGTHENING ACTIVITY
Shawbrook says the changes reflected strengthening activity across the commercial property market and its commitment to adapting its proposition in line with market conditions.
Daryl Norkett (main picture), director of real estate proposition at Shawbrook, says: “We’re committed to continually reviewing our proposition to ensure we’re delivering competitive solutions that help brokers support their clients with confidence.
“As activity across the commercial property market continues to strengthen, these latest rate reductions provide even greater value while reinforcing our commitment to making it easier for brokers to place business with Shawbrook.”
