Shawbrook’s commercial division has changed its policy so lending managers oversee large loans worth over £1.25m.
The lender will also provide additional support from the outset of the deal in the form of commercial mortgages management team sessions held twice a day and through regular updates with the senior credit team.
Karen Bennett, sales and marketing director (pictured), said: “Within the Commercial Mortgages team we are committed to writing business across our entire range, and have been pleased to see the recent increase in our lending on loans over £750k.
“A significant proportion of Shawbrook Commercial Mortgage business is on loans valued over £750,000, across both short-term and termmortgages.
“Therefore, we are very keen to ensure that we are recognised for the same level of service and delivery on these larger transactions as we are for loans under £750,000.”