Bridging Loans with Shawbrook Bank: Expert Solutions with Auction Finance Support

Bridging Loans with Shawbrook Bank: Expert Solutions with Auction Finance Support
Bridging loans are essential for property investors and developers looking for quick and reliable financing. Whether it’s a property purchase at auction, a renovation project, or bridging a property chain, Shawbrook Bank offers bespoke short-term loans tailored to your needs.

At Auction Finance, we simplify the application process for Shawbrook Bank bridging loans, providing expert guidance to ensure a seamless experience from start to finish.

Why Choose Shawbrook Bank with Auction Finance?

Shawbrook Bank is known for its flexible lending solutions and commitment to customer satisfaction. By partnering with Auction Finance, you gain:
  • Time Savings: We manage the entire application process for you.
  • Improved Approval Odds: Ensuring your application aligns with Shawbrook’s criteria.
  • Expert Guidance: Tailored advice to help you secure the best loan terms for your project.

Key Features of Shawbrook Bank Bridging Loans

1. Loan Amounts

From £50,000 up to £25 million, suitable for both small and large-scale property projects.

2. Loan Terms

Flexible terms of up to 24 months, providing sufficient time to complete your project or refinance.

3. Loan-to-Value (LTV)

Maximum 85% LTV, enabling you to leverage your property’s value effectively.

4. Competitive Interest Rates

Starting at 0.79% per month, Shawbrook offers competitive rates for short-term borrowing.

5. Property Types Supported Residential Properties:

Suitable for buy-to-let, owner-occupied, and refurbishment projects.

  • Commercial and Mixed-Use Properties: Financing available for offices, retail spaces, and multi-purpose developments.
  • 6. Flexible Payment Options

    • Serviced Interest: Pay monthly to manage overall costs.
    • Rolled Interest: Pay at the end of the loan term to optimise cash flow.

    How Auction Finance Supports Your Bridging Loan Application?

    Step 1: Initial Consultation

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

    Step 2: Preparing Your Application

    Our team ensures all required documents are complete and aligned with Shawbrook Bank’s criteria, including:

    • Property Details: Location, type, and valuation.
    • Financial Information: Proof of deposit and income details.
    • Exit Strategy: A clear plan for repaying the loan, such as selling the property or refinancing.

    Step 3: Submission and Liaison

    We handle the submission to Shawbrook Bank and manage communication throughout the process to ensure a smooth experience. e following documentation:

    Step 4: Valuation and Legal Process

    • Valuation: Shawbrook Bank arranges a professional valuation to confirm the property’s market value.
    • Legal Work: We coordinate with solicitors to finalise the loan agreement promptly.

    Step 5: Approval and Funding

    Once approved, Shawbrook Bank releases funds quickly, often within days, enabling you to proceed with your project without delays.

    Example Scenarios for Using Shawbrook Bank Bridging Loans

    1. Auction Property Purchase

    Scenario: A property investor wins a property at auction and needs £500,000 to complete the purchase within 28 days.

    Solution: Auction Finance works with Shawbrook Bank to secure a bridging loan quickly, ensuring the investor meets the deadline.

    2. Bridging a Property Chain

    Scenario: A homeowner needs to purchase a new property but is waiting for their current home to sell.

    Solution: Auction Finance arranges a bridging loan with Shawbrook Bank to cover the purchase, repaid upon the sale of the existing property.

    3. Renovation Project

    Scenario: A landlord plans to renovate a buy-to-let property to increase rental yields.

    Solution: Auction Finance secures a 12-month bridging loan with Shawbrook Bank, enabling the landlord to complete renovations and refinance.

    Why Choose Auction Finance?

    • Extensive Expertise: Our deep understanding of bridging loans ensures your application is aligned with Shawbrook Bank’s requirements.
    • Tailored Advice: We provide personalised guidance on structuring your loan to meet your unique project needs.
    • Transparent Process: We keep you informed at every stage, ensuring clarity and efficiency throughout the process.
    • Faster Approvals: Our partnership with Shawbrook Bank facilitates quicker decisions and prompt access to funds.

    FAQs

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

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

    Ans: Funds are typically released within days of approval, making Shawbrook ideal for time-sensitive transactions.

    Ans: An exit strategy is a plan for repaying the loan, such as refinancing onto a long-term mortgage or selling the property.

    Ans: Yes, Shawbrook allows early repayment without penalties, helping you save on interest costs.

    Ans: Fees for valuation, arrangement, and legal services apply. Auction Finance provides a full breakdown during the application process.

    Ready to secure your auction success?

    Get in touch today and turn your bids into wins!

    Start Your Application Now