The Bank originally launched its Regulated Bridging range in October 2015 for borrowers looking to avoid chain breaks or potentially seeking to downsize.
The borrower was a client of Shawbrook’s Broker Partner The Aftersales Network Ltd. and was looking in this circumstance to avoid a chain break.
Curtis Goring, Managing Director of The Aftersales Network Ltd. commented:
“My client is exceptionally pleased with the level of service they received on this loan, ending in a positive outcome.
“Shawbrook keeps it straightforward with just two Regulated Bridging products that have transparent criteria requirements. My clients appreciate this directness as do I, and I look forward to completing on many more Regulated Bridging Mortgages with Shawbrook in the future.”
Shawbrook completes its largest ever regulated bridging deal
Shawbrook Bank today reported that its Commercial Mortgages division has just completed on its largest ever regulated bridging deal for nearly £2.9m.
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