We are excited to unveil a brand new look for our residential mortgage product range which will enable more borrowers to access specialist mortgage finance from West One Loans.
Our new range of products will be available from Friday 22nd November. Our existing product range will be withdrawn on Monday 25th November at 9 am.
Key Overview Of The Changes
- Introducing two brand new products, Premier and Platinum to replace our current Higher LTV Products
- Improved eligibility criteria across the range including many major criteria enhancements
- Simplified approach to lending making it easier for our broker partners to navigate our product range which also includes no credit scoring.
- Up to 30bps reductions for 2-year fixed rates now starting from 6.05%
- Introduction of a fixed lender fee of £1795 across the range with increased availability of our fee-assisted range offering zero lender fee products.
Highlights of the range includes
- Self Employed borrowers with 1 year trading history are now accepted on our Prime Plus plans offering LTV’s up to 85%
- Increased LTV’s up to 80% for our Prime product
- Improved criteria for borrowers with historic or more recent credit issues
- Wider eligibility criteria for borrowers seeking affordable housing solutions through our Shared Ownership and Right To Buy Products.
Full details of our criteria changes can be found in our new look product guide and our handy guide to provide you with a full breakdown of all the changes.
Updated Product guide Introduction to Our New Look Residential Mortgage Products
Pipeline Cases
We will honour existing pipeline cases providing the mortgage offer is issued by Friday 3rd January 2025 and the mortgage completes before the mortgage offer expiry date.
If you would like to know more about our new product range, or about working with West One, please do contact our dedicated intermediary sales team.
Call: 0333 1234556
Email: brokersupport@
Register Here: https://www.westoneloans.co.