FREQUENTLY ASKED QUESTIONS

If I register with you, can I introduce both commercial and personal business?

The teams managing commercial and personal lending are independent, so you will need to register with each separately, although we are keen to develop as broad a relationship with our partners as possible.

What happens when I register?

One of the sales desk team will be in contact to introduce themselves and gather some further information on your business before identifying the best way for us to work together.

Do I have to be regulated by the FCA?

We are keen to work with high quality professionals but the actual compliance regime for commercial and personal lending is different.

Currently commercial mortgage brokers and secured loan brokers are not required to be FCA regulated.

We will also carry out our own accreditation procedures, and these include credit reference checks and references. We do like to see that our partners are committed to the commercial arena so recommend and support that they have NACFB membership as well as having personal indemnity insurance in place. 

BROKERS – ENQUIRE TODAY

 

Need to ask our team about funding options?

Just give us a few details and we will get back to you as soon as we can.

Make an enquiry.


3 MONTH LONDON INTERBANK OFFERED RATE (LIBOR)

 

0.35%

From 1 April 2017

Please note that Shawbrook Bank applies a minimum rate of 0.75% to the term rate margin.

If your loan completed before January 2011, you may be on a different version of LIBOR. If you think this may affect your loan, please contact us on 0345 848 0223.

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