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Shawbrook re-price fixed rate options

16 March 2015

We are pleased to announce our re-priced fixed rate options for March 2015 (effective 2nd March 2015). We offer a variety of fixed rate options for your clients, ranging from 3 years through to 5 years with some highlights including:

	Fixed Interest Rate periods of 3, 4, or 5 years available across all our term loans
	No additional fees payable
	The client has the option to either:

1.	Fix for the full term OR
2.	Fix for part of the term and at end of the fixed period, revert to the standard pricing for that product + 3 month LIBOR. E.g. 10 year term, 5 year fix.

Shawbrook has a comprehensive product range for property professionals, landlords and SMEs, underpinned by a healthy appetite to lend and a commitment to complete transparency for both broker and client. There are no hidden fees and charges across the range, and we are open and honest about our approach to lending - giving you the confidence to guide your clients through a positive journey to completion in the shortest time frame possible.

Fixed rate scenario:

Client is looking for a RI1 loan, over 10 years on an interest only basis and is looking to use our fixed rate option for the first 4 years. The product margin on RI1 is 4.50% + 0.75% LIBOR floor + the Fixed period premium of 0.36% = A Fixed rate of 5.61% for the first 4 years when the deal will revert to 4.50% over 3 month LIBOR.

Contact the highly experienced Shawbrook Sales Desk with enquiries and see how we can help your business and your clients.

Kind regards

Karen Bennett

Sales and Marketing Director

Commercial Morgages