Shawbrook launches ‘Spring Fling’ savings series with 0.25% discount

The specialist lender is offering a 0.25% discount on the arrangement fee for all new applications in principle, which will be applied alongside Shawbrook’s standard existing customer discount.

By way of example, an arrangement fee of 1% would be reduced to 0.75% with this offer.

This will be available for all specialist buy-to-let products, including large loans. It will be followed with other, more product specific offers over the coming weeks, to be announced on a weekly basis, the bank said.

Managing director of Shawbrook Commercial Mortgages, Karen Bennett, (pictured) said: “Here at Shawbrook we pride ourselves on the close working relationships we have fostered with our panel of broker partners.

“We are always looking to provide value for their clients and this is why we have launched this initiative, which will provide a diverse range of pricing and efficiency savings throughout March.”

The listed specialist savings and lending bank launched in October 2011, before acquiring Singers Asset Finance to extend its lending to SMEs in March 2012 and Centric Commercial Finance in 2014.

For the past three years it has acted as title sponsor of trade body the National Association of Commercial Finance Brokers.