Shawbrook Bank has launched a new structured real estate team, led by Piragash Sivanesan (pictured above), to enhance its support for professional landlords and property investors seeking larger, more complex finance solutions.
Under Piragash’s leadership — who joins the lender as director and head of structured real estate — the new division aims to strengthen the bank’s position as a valuable partner for property investors seeking portfolio growth or navigating complex finance.
The new team will provide personalised services for bigger-ticket loans, including the ability to take cases to credit approval before valuation to provide certainty early on.
Borrowers securing BTL and commercial loans above £5m, and bridging finance above £2.5m will benefit from a dedicated relationship manager who will handle the deal throughout the entire process.
In addition, the specialist lender has increased the maximum loan size for both its BTL and commercial landlords to £35m.
Emma Cox, managing director of real estate at Shawbrook, commented: "Finance at the top-end of the market can be a labyrinth, requiring a keen eye and deep understanding to navigate successfully.
“That's exactly why we’ve introduced a structured real estate team and offering, as we want things to be straightforward for our brokers and their customers with flexible financing built around specific needs and delivered with a personal touch.
“Our commitment to premium case management means there will always be direct line to our team of experts.
“We’re delighted to have Piragash on board and his new team, with a wealth of property experience, are perfectly poised to deliver consistent, adaptable funding solutions, fuelling investor growth well into the future."