Shawbrook eyes up development finance market

Shawbrook eyes up development finance market

Shawbrook Bank has revealed it is considering a move into the development finance market….

Shawbrook Bank has revealed to DFT that the development finance market is “on its radar” and is an area it is looking at.

The challenger bank recently won its third consecutive ‘Commercial Lender of the Year’ award at last week’s Bridging & Commercial awards.

Speaking after their award, Karen Bennett, Sales and Marketing Director of Commercial Mortgages at Shawbrook, added: “We have several initiatives planned for the remainder of the year and look forward to working in partnership with our brokers to bring these to fruition”.

Shawbrook currently offers commercial mortgages which include short term finance, specialist buy-to-let, commercial investments and trading businesses.

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