Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Shawbrook Raises Maximum LTV on Commercial Bridging Loans to 75%

Shawbrook has increased the maximum loan to value (LTV) on eligible commercial bridging loans to 75%. This change is designed to give brokers greater flexibility to support clients seeking higher levels of funding for property purchases or refurbishments.

The lender’s latest update builds on recent enhancements to its bridging proposition. Shawbrook has previously introduced higher day-one LTVs of up to 90% for refurbishment projects. In June, the minimum loan size was also reduced from £150,000 to £100,000.

These changes are intended to provide brokers with more options when assisting commercial property investors and developers. The increased LTV may be relevant for letting agents and inventory clerks working with clients involved in commercial property transactions or refurbishments.