Shawbrook Bank has updated its Buy-to-Let lending criteria to better support landlords investing in serviced accommodation and Multi-Unit Freehold Blocks (MUFBs) — a growing trend among property investors in 2024 and 2025.

Why the Change?

• Shawbrook recorded a 14% rise in landlord investment in MUFBs in 2024.

• Many landlords are pivoting toward serviced accommodation models to boost yields amid tougher traditional BTL margins.

Key Lending Enhancements:

• 🔹 75% Loan-to-Value (LTV) still available, based on AST market rent confirmed by valuation.

• 🔹 No additional evidence required for portfolios of 10 units or fewer.

• 🔹 For 11+ unit portfolios:

  • Existing assets: 2 years’ accounts required.

  • New assets: nightly cashflow forecasts accepted to assess rental income.

From Shawbrook:

“We’re helping landlords unlock greater potential and long-term success as they adapt to market trends.”
— Daryl Norkett, Director of Real Estate Proposition