Shawbrook drops rates for commercial and semi-commercial mortgages

Shawbrook has reduced rates across its commercial and semi-commercial mortgage range by up to 0.35% across selected products.

The rate cuts have been made on two-, three-, five- and 10-year fixed-rate products.

Alongside these changes, Shawbrook has also reduced rates across its commercial trading mortgage range by up to 0,5% on selected two-, three- and five-year fixed-rate products, providing additional value for owner-occupiers and trading businesses looking to purchase or refinance commercial premises.

Daryl Norkett, director of real estate proposition at Shawbrook (pictured above), said: “We’re committed to continually reviewing our proposition to ensure we’re delivering competitive solutions that help brokers support their clients with confidence.

“As activity across the commercial property market continues to strengthen, these latest rate reductions provide even greater value while reinforcing our commitment to making it easier for brokers to place business with Shawbrook.”