On the latest episode of Let’s Chat Property, Karl is joined by Dan Standing from Shawbrook Bank.
Dan Standing is the National Relationship Manager at Shawbrook Bank, a savings and lending bank, offering personal loans, buy-to-let and commercial mortgages, business finance, and savings accounts.
In this episode, Karl and Dan discuss specific kinds of financial products on offer by Shawbrook Bank, as well as how they approach HMO commercial yield valuation.
They discussed:
- Changes in Shawbrook Bank over the years
- The main type of business Shawbrook is looking for
- Two bridging finance options: light refurbishment or heavy refurbishment
- Recommendations for clients when putting an application with them or any bank
- HMO commercial yields and four views on how they value it
- How they deal with the consequences of rate increases
- New changes coming up
- And much more…
You can also listen to the podcast on Spotify.
You can catch up on all CPC Finance’s podcast episodes to date on our website.