Shawbrook announces promotion of a new Senior Lending Officer

25 November 2015

Shawbrook’s Commercial Mortgages division today has the pleasure of announcing another recent promotion, with Kim Wood becoming Senior Lending Officer for the Short Term Loan Team.

As one of the busiest areas within Commercial Mortgages, the Short Term Loan (STL) Team has a specialised process designed to expedite applications swiftly and efficiently, with a response to the vast majority of initial enquiries within four hours. With 1,243 items of post worked for the month of October, our STL products are particularly sought after and Kim has proved herself to be a vital cog in the Shawbrook wheel since moving over to the STL Team in January 2014.

This promotion is timely, as Shawbrook has seen continued demand for STL business since an overhaul of its Short Term product range earlier in 2015. Pricing reductions across STL6 (single residential) and STL7 (HMOs and Multi-units) were particularly well received by Broker Partners, as was the decision to increase LTV buckets across all STL products. With STL8 becoming strictly for semi-commercial properties only and the introduction of a new product for commercial securities, STL9, Kim will provide essential senior guidance in an ever-changing landscape for the borrower.

Kim had the following to say regarding her promotion:

“Being recognised in this way is a wonderful boost and I’m really looking forward to starting my new role within the Short Term Loan Team.

“Day-to-day, I will continue to help process the Bank’s Short Term deals, working closely with brokers and their clients to pave the way for a smooth transition from initial enquiry through to completion. The additional seniority will provide me with an opportunity to learn even more about the demands and intricacies of STL business, enhancing the service I provide to Broker Partners in the process.”

David Alexander, Senior Lending Manager for Shawbrook’s Short Term Loan Team commented:

“Having worked closely with Kim for almost two years, I’m delighted that her expertise within STL business and dedication to continually improving Shawbrook’s offering has been rewarded.

“Our Short Term Loan Team is a small, highly specialised unit; we’re kept at the top of our game by the exceptional demand for STL products and Kim’s professionalism is invaluable to our ongoing success.”