The challenger bank has cut the price on its RR1 and RR2 products by between 0.2% and 0.35%.
Brokers also have access to a 10-year option with 10% capital repaid to their clients, and Shawbrook has removed the debt-service coverage ratio linked to term so that the products can be brought into line with its recently introduced R10 range.
All these changes will sit within a reduced service level agreement framework of 48 hours.
Karen Bennett, Sales & Marketing Director, Commercial Mortgages, said: "It is testament to the hard work of the Shawbrook teams and the close relationship we have with our broker partners that we have been able to take on board feedback, and deliver such a significant series of improvements to elements of the residential product suite in January.
“In such a fast-paced market it is imperative to keep improving, keep being transparent, and keep encouraging feedback, both positive and negative, so that we are able to make changes that help deliver good outcomes for the borrower, and help us stay at the forefront of a highly competitive space.
“This latest series of enhancements reflect that appetite and I am pleased to confirm that we have more of the same planned for Q1."
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