The deal represented one of the largest refinances that Shawbrook’s commercial arm has undertaken and was managed by broker partner Five Finance.

The loan was executed using Shawbrook’s LR13 product at a LTV of 57% and completed in four months.

A total of 17 properties were valued through the automated valuation model process, with the remainder valued by Lamberts.

Steven Rodrigues at Five Finance said: “I was delighted to introduce Desiman Limited – one of London’s largest private landlords, started and managed by the same directors since 1997 – to the innovative and active Shawbrook Bank to help them develop and expand their successful business.

“From start to finish the process was really slick.

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“Shawbrook was very flexible and took the time to understand my clients’ needs.”

Marc Champ, senior relationship manager at Shawbrook Commercial (pictured above), added: “This was one of the largest cases I have worked on during my tenure at Shawbrook and it was hugely gratifying to see this move across the finish line without a hitch.

“Steven Rodrigues and the team at Five Finance are highly experienced operators, and their involvement was crucial in pulling together all elements to ensure the right outcome for the customer.

“We are pleased to continue to support the portfolio market – particularly given the recent changes announced by the PRA – and our appetite and desire to lend in this space remains undimmed.”