Planning to renovate an old office? Get your plans into action. You might want to consider applying for a Shawbrook Bank personal loan.
Since 2011, Shawbrook Bank has been helping individual borrowers, property investors, and business owners in the UK achieve their goals. But is this lender right for you?
To find out, use our Shawbrook Bank personal loans calculator now.
Terms from 1 to 10 years. Representative example: 5 year £10,000 loan with comparison rates from 2.8% to 49.9% APR would cost between £10,728 and £27,321, including fees. The interest can vary between £728 and £17,321.
About Shawbrook Bank
Shawbrook Bank is a lender that works directly with brokers and consumers. They offer personal loans, property financing, business financing, and savings products.
This lender has a notable personalised service, in which they look at borrowers individually. This allows them to provide highly customised loan terms, interest rates, and repayment amounts.
Use a Shawbrook personal loan for a major purchase, renovating your home, or improving your old car.
Shawbrook loan features
- Shawbrook Bank interest rates are fixed
- Maximum of 29.9% APR
- Free application process
- Fixed loan term (1 to 7 years)
- Allows borrowing of £1,000 to £35,000
How to apply for Shawbrook loans
You’ll need to get a quotation before you can apply for a Shawbrook Bank personal loan. Remember, even though you’re eligible, you need to do a thorough self-assessment. Make sure you can commit to the loan’s repayment terms and interest rate.
Application steps
Here’s how to apply for a Shawbrook Bank personal loan:
- Get a free personalised quotation. Don’t worry, this won’t affect your credit score.
- Prepare to provide your UK address history and employment details.
- After that, they will give you a personal quote. To continue with the application, they will now do a full credit search.
- Shawbrook Bank will then inform you if you’re approved for the loan application. If you pass, they will give you digital documents.
- Carefully review the digital documents before you sign them.
- Finally, after signing the documents, send them back to the bank. Expect to receive your loan funds in less than three days.
Shawbrook Bank review
Are they any good? Shawbrook Bank is rated Excellent on Trustpilot. Out of all their reviews, 78% of their reviews are 4.8 to 5.0 stars. They also got on Brand Value’s list of the Top 500 Banking Brands in 2020.
Remember that the more reviews a company has on Trustpilot, the more reliable they are. Quantity is as important as quality.
You’re eligible if you:
- Are aged 25 to 75 years old
- Are living in the UK for more than three years
- Earn an annual income of more than £15,000
- Own and use a personal bank account in the UK
You’ll need the following:
- Email address. This must be the email you’re currently using.
- Employment details. Prepare your company address and contact details if you’re currently employed.
- Address history for the last three years. To find your address history, check your credit reports or tax records.
Shawbrook loan calculator
EST Monthly Repayment
12 months
to 84 months
EST Monthly Repayment
£1,000
to £30,000
As well as offering guaranteed rates, we give you the flexibility you need. We offer loans from £1,000 to £30,000 with loan terms from one to seven years.
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £25,000
Paying off your debt using a Nationwide loan could give you the chance to take control of your finances.
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £15,000
You are eligible if youre 21 or over and live in the UK permanently, you have a regular yearly income of £6,000+, you are able to make your repayments by Direct Debit, and you havent been declared bankrupt, had a CCJ or an IVA within the last 6 years. All credit is subject to status and credit checks.
Repayment Period
12 months
to 96 months
Loan Amounts
£15,000
to £25,000
Make your plans a reality with a personal loan with fixed monthly payments, an instant credit decision, quick access to funds and no arrangement fee.
Repayment Period
24 months
to 60 months
Loan Amounts
£15,000
to £24,999
When it comes to putting your plans into action, its personal. And with a personalised loan just a few clicks away, getting things moving could be simpler than you think. Get your loan rate before you apply without it affecting your credit score.
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Minimum and maximum loan periods vary between 1 month and 10 years. APR varies between 2.80% and 71.30% p.a. Total interest repayments vary between £435 and £1,019 over the life of the loan. *APR is based on an unsecured loan of R£15,000 for a term of 3 years. WARNING: This APR is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different APR. These rates can change without further notice. All rates quoted are per annum.
