Shawbrook rates for BTS

12 Nov Shawbrook rates for BTS

Lenders don’t like you using BTL products on your BTS projects.   A short-term lender such as shawbrook is what you need to use.

FYI  – These are the 2 most popular products from shawbrook for BTS  minor refurbishments and their current rates.

STL1

This is for quick purchases where there are no improvements required and is merely used as method of settling quickly:

Up to 65% LTV the rate is 0.65% per month and there is a lenders arrangement fee of 1.95% added to loan.

Up to 70% LTV the rate is 0.69% per month and there is a lenders arrangement fee of 1.95% added to loan.

STL4

This is where light refurbishment is required such as redecoration, new kitchen or bathroom, electric upgrade.

Up to 70% LTV the rate is 0.73% per month and there is a lenders arrangement fee of 1.95% added to the loan.