Shawbrook Bank has introduced a mid-range product to its buy-to-let (BTL) offering, aimed at supporting portfolio landlords owning simple property types.
Customers who meet the criteria will have access to a reduced 5-year fixed rate of 4.09% up to 75% loan-to-value (LTV).
Gavin Seaholme, head of sales at Shawbrook Bank, said: “We’ve gradually been enhancing our buy-to-let proposition to support the needs of the entire market.
“Firstly, with revolutionary technology that improves the application experience for all, and now with products that are carefully designed to suit the requirements of different borrower types.
“At Shawbrook we pride ourselves on striking the perfect balance of people and technology and now our products reflect that – offering the perfect blend of automation and specialist underwriting skills for each case, depending on its complexity.”