Shawbrook ups maximum loan sizes across second-charge offering

The maximum loan size has risen from £100,000 to £150,000 on loans up to 85% LTV, while for facilities up to 75% LTV, the maximum loan was upped from £200,000 to £500,000.

Gavin Seaholme, head of sales at Shawbrook Bank (pictured above) said: “This is just another step in our ongoing product innovation plans for 2021. 

“We are committed to supporting the second charge market and want to give our brokers a wider choice when it comes to assisting clients with larger funding requirements.”