At Auction Finance, we ensure a seamless process for securing Shawbrook Bank bridging loans, helping you access funding quickly and stress-free.
Why Choose Shawbrook Bank with Auction Finance?
Shawbrook Bank’s bridging loans are designed for property professionals, offering:
- Fast Approvals: Tailored to meet time-sensitive needs.
- Competitive Terms: Flexible repayment schedules.
- Broad Lending Criteria: Support for diverse property types and financial circumstances.
By working with Auction Finance, you gain:
- Expert Support: From application to funding.
- Time Savings: Streamlined application process.
- Improved Approval Chances: Tailored applications aligned with Shawbrook Bank’s criteria.
Key Features of Shawbrook Bank Bridging Loans
Loan Amounts: From £50,000 to £25 million, accommodating both small and large-scale projects.
Loan Terms: Flexible terms up to 24 months, ideal for short-term projects.
Loan-to-Value (LTV): Up to 85% LTV, enabling maximum borrowing against property value.
Competitive Interest Rates: Starting at 0.79% per month, offering competitive short-term finance solutions.
Supported Property Types: Residential Properties: Owner-occupied, buy-to-let, or renovation projects.
Commercial and Mixed-Use Properties: Suitable for offices, retail, or multi-use developments.
Interest Payment Options
- Serviced Interest: Monthly payments to reduce overall costs.
- Rolled Interest: Payment deferred until the loan term ends.
How Auction Finance Simplifies Your Application
Step 1: Initial Consultation
Step 2: Application Preparation
Our team ensures your application meets Shawbrook’s requirements, including:
- Property Details: Location, type, and valuation.
- Financial Information: Proof of deposit and income.
- Exit Strategy: A clear plan for repaying the loan, such as refinancing or property sale.
Step 3: Submission and Liaison
Step 4: Valuation and Legal Review
Valuation: Shawbrook Bank conducts a property valuation.
Legal Work: We coordinate with solicitors to finalise agreements.
Step 5: Approval and Funding
Example Scenarios for Shawbrook Bank Bridging Loans
1. Auction Purchase
Scenario: An investor wins an auction property needing £500,000 within 28 days.
Solution: Auction Finance secures a Shawbrook bridging loan, ensuring fast funding.
2. Renovation Project
Scenario: A landlord renovates a property to increase rental income.
Solution: Auction Finance arranges a Shawbrook loan, repaid after refinancing onto a long-term mortgage.
3. Bridging Property Chain Gaps
Scenario: A buyer purchases a property while awaiting the sale of their existing home.
Solution: Auction Finance facilitates a Shawbrook bridging loan, repaid upon property sale.
Why Choose Auction Finance?
1. Specialist Expertise
2. Time Efficiency
3. Personalised Guidance
4. Transparent Process
We keep you informed throughout, ensuring clarity and confidence.
