Thursday, January 23, 2014

New heavy refurbishment lending

Shawbrook Bank have launched a new heavy refurbishment product available with Property Hawk Mortgages.

Heavy refurbishment is defined by the works being completed costing more than 15% of the property value e.g.
  • extensions
  • loft conversions
  • internal configurations
  • change of use (single dwellings to flats)
Applicants must be experienced in refurbishment and be able to provide evidence of a track record of similar completed projects within the last 2 years.

Product details:
  • 0.89% per month
  • Up to 70% LTV based on current market value
  • Terms up to 18 months



Tel: 029 2069 5446

Your home may be repossessed if you do not keep up repayments on your mortgages.  
The Financial Services Authority does not regulate some forms of mortgage.

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