West One – Residential Partner Update

West one logoNow supporting Residential 1st charge borrowers in Scotland

Following our launch into the residential mortgage market in late 2022, we are delighted to announce we have extended our range to homeowners and first-time buyers in Scotland. Our residential mortgage products are designed to help those customers who need a more individual approach to underwriting including a fresh approach to affordability to help borrowers who fall outside of high street lending requirements.

Key reasons why West One Residential:

  • Unsatisfied defaults & CCJ’s less than £500 each ignored
  • Satisfied defaults & CCJ’s ignored (except Higher LTV products)
  • Higher LTV product ignores satisfied CCJ’s/Defaults under £500 and any value over 2 years old
  • LTI’s in excess of 5x available
  • 90% LTV available
  • Debt Consolidation available
  • Fast Track re-mortgage legal services

Time to head east?

The UK has seen property prices increase for a fifth straight month, in all areas except in eastern England as they fell in the previous month, when compared to the rest of the UK by region. Homes in this region are selling for an average of £329,927 (-0.8 per cent), which saw a drop of £2,794 since the same time in 2023.

To find out more about our products and service please talk to a member of our broker support team at 0333 1234 556 or email: brokersupport@westoneloans.co.uk.