Shawbrook Motor Yacht Finance Rates - At a Glance
| Parameter | Detail |
|---|---|
| Indicative APR range | 6.8% – 10.5% APR |
| Maximum term | 10 years |
| Maximum LTV | 70% |
| Minimum loan | £50,000 |
| Finance type | Hire Purchase / Marine Mortgage / Balloon HP |
| Vessel types accepted | Motor yachts, cruisers, sports boats (GRP, steel, aluminium) |
| New & used | Both considered |
| Rate as at | October 2026 (indicative - subject to status and change) |
Market Context & Broker Commentary
Shawbrook Bank is a UK challenger bank with a strong specialist lending focus across both property and asset finance. For motor yacht finance, Shawbrook sits toward the higher end of our rate panel at 6.8–10.5% APR, but this premium reflects a genuinely more flexible underwriting approach that can accommodate borrower profiles that clearing banks would decline. The key differentiator for Shawbrook is its willingness to look at complex borrower structures - limited companies, SPVs, high-net-worth individuals with non-standard income and director loans - where other lenders apply rigid income proof requirements. If you are purchasing a motor yacht through a company structure, Shawbrook is one of the few mainstream lenders comfortable assessing the transaction accordingly. The trade-off is a shorter maximum term (10 years) and a lower LTV cap (70%), meaning Shawbrook is not the most accessible lender for buyers needing maximum leverage. Monthly repayments on a £150,000 loan over 10 years are significantly higher than the same sum over 15 years, which is worth modelling before committing. The 70% LTV cap also demands a minimum 30% deposit, which positions Shawbrook firmly for buyers with substantial equity. Where Shawbrook excels is in speed and certainty for borrowers who know they have a non-standard profile. A well-packaged application presented by an experienced broker can generate an indicative decision within 48–72 hours, making Shawbrook viable for time-sensitive purchases where a vendor requires rapid confirmation of finance. Doulton Bridging Finance presents Shawbrook cases with full background documentation to maximise the speed and quality of their response.
Strengths of Shawbrook for Motor Yacht Finance
- Challenger bank with strong appetite for asset finance
- Flexible underwriting for non-standard credit or business profiles
- Considers complex borrower structures including SPVs and holding companies
- Fast decisions on well-packaged applications
- Good experience with high-value individual assets
Limitations to Consider
- Higher rate band starting at 6.8% APR
- Maximum term of only 10 years - highest monthly payments on the panel
- 70% LTV is the lowest on the panel - requires 30% deposit
- £50,000 minimum loan excludes smaller purchases