Bridging Loans with Shawbrook Bank: Flexible Solutions with Auction Finance

Bridging Loans with Shawbrook Bank: Flexible Solutions with Auction Finance
When property opportunities demand immediate action, bridging loans provide the financial flexibility needed to succeed. Whether you’re purchasing at auction, funding renovations, or bridging a property chain, Shawbrook Bank offers reliable and tailored bridging loans.

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

We assess your property finance needs and evaluate whether Shawbrook Bank’s bridging loans align with your goals.

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

We submit your application and manage all communications with Shawbrook Bank, ensuring a smooth process.

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

Once approved, Shawbrook Bank typically releases funds promptly, often within days.

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

Our knowledge of Shawbrook Bank’s lending criteria ensures successful applications.

2. Time Efficiency

We handle the complexities of the application process, saving you time.

3. Personalised Guidance

Tailored advice aligns your loan with project requirements.

4. Transparent Process

We keep you informed throughout, ensuring clarity and confidence.

FAQs

Q 1. What types of properties does Shawbrook Bank finance?

Ans: Shawbrook supports residential, commercial, and mixed-use properties, including refurbishment projects.

Ans: Funds are typically released within days of approval.

Ans: An exit strategy is your repayment plan, such as refinancing or selling the property.

Ans: Yes, early repayment is allowed without penalties.

Ans: Fees for valuation, arrangement, and legal services apply. Auction Finance provides a detailed breakdown.

Ready to secure your auction success?

Get in touch today and turn your bids into wins!

Start Your Application Now