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BRIEF-Shawbrook buys mortgage portfolio, in talks to buy commercial and buy to let loans
May 25, 2017 / 6:25 AM / 7 months ago

BRIEF-Shawbrook buys mortgage portfolio, in talks to buy commercial and buy to let loans

May 25 (Reuters) - Shawbrook Group Plc

* Shawbrook Group Plc says successfully acquired a 53 million stg portfolio of first charge complex mortgages from a specialist mortgage lender

* Shawbrook also announces that it is in exclusive negotiations with a UK-based lender to acquire a portfolio of commercial and buy to let loans

* Exact quantum of portfolio is still to be determined, it is anticipated that it will be in excess of 300 million stg Source text for Eikon: Further company coverage:

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