Compare Criteria

Shawbrook Bank

Mortgage Type

Bridging Lenders

Property Value (min)


Advance (min)


Advance (max)

£15,000,000 per client. Higher is considered by exception.

Term (Max)

18 months

Minimum Age

21 years

Maximum Age


Family Cash Gift Deposit

Yes - Gift letter should be completed. Has to include copy of donor’s identity and a bank statement showing funds in a UK bank account

Family Gift of Equity Deposit

Yes - evidence of payment conduct is required for any borrowings the parents may have secured on the property to ensure they are not shifting bad debt to the applicant while still managing the asset. A Gift letter is also required

Income (min)

No Minimum Income. Clients to evidence independent material income which must support their personal and business commitments. Where the exit is refinance onto an investment mortgage we will need to ensure the rental income is sufficient to service the debt. Where the client is servicing the interest, we will need to be provided with details of income to validate affordability


Applicants should have at least one of the following; be experienced investor with at least 2 investment properties detailed within their property schedule OR have completed at least 2 or more projects of similar scale in last 5 years OR have the relevant industry experience.
For light refurbishment deals we now only need clients to be able to demonstrate either relevant property sector experience (this could be on an employed basis) or 1 similar completed project within the last 5 years.

DWP Tenants


Ex-Local Authority Properties

Ex-local houses considered
Ex-local flats considered

Minimum years remaining on leasehold property

55 years remaining at term expiry

Minimum Ownership

No minimum ownership period
before remortgage considered. Will lend against OMV within 6 months subject to criteria.

Permanent rights to reside and remain

Yes (unless Ex-Pat)


75% LTV, applicants must own 2 properties within the UK with 1 of them have a UK mortgage on. Income MUST equal £50,000. Any proof of address and ID must be countersigned as true originals by a notary within their country of residence or from the UK embassy. Proof of income will also be required.
EU Nationals can be considered on the basis that: -
When they reside in the UK

They meet standard experience criteria, i.e. experience within the last two year in the UK and property investments.
Ex-pat applications when the security is the client's previous residential property.

New Builds

All new builds considered.

Credit Score


Rental Calculation

Bridge to Let option available

Historic CCJ’s & Defaults

Refer to 3mc

Valuation Fees

Paid direct to lender at the lender fee scales

Maximum number of applicants

No maximum


Will lend in England, Wales and Scotland


Access to Shawbrook Bank is available via selected packagers only.

Missed mortgage payments

Adverse considered on a case by case basis. Missed mortgage payments over 12 months ago considered.

Property Type / Commercial

Single Residential investment unit, HMO’s, student BTL. Multi-unit on 1 title, semi commercial, commercial investments units plus owner occupied commercial units. Available to trading Ltd Co. SPV’s and individuals.
SIPP's and SAS accepted
Offshore LTD Companies and Trusts considered - Minimum loan size must be £750,000.
Flats in blocks exceeding five floors are considered by exception only. Consideration is given for highly experienced clients and where the valuation report provides strong commentary on sale & rental demand as well as location.


Will lend in England, Wales and Scotland

Type of Credit Search conducted at AIP stage

Hard foot print


Shawbrook always lends on the Bricks and Mortor value. We will consider both light and heavy refurbishment which is defined by the cost of the works and whether these works require planning permission so we understand the condition of the property will vary. If they are not planning any refurbishment we want the condition of the property to be good.