West One are excited to announce our biggest set of residential mortgage criteria changes to date to support our ambitious growth plans for the residential mortgage sector.
Highlights of our new criteria include:
- Skilled Workers, Health & Care workers & UK ancestry visas up to 90% LTV
- Increased loan sizes – Now up to £2.5 million by referral
- AVMs up to £300,000 for remortgages, unencumbered properties, and transfer of equity mortgages
- Maximum Retirement Age Increased – Applicants States Retirement Age or Age 75
- Up to 100% of Second Job Income
- Employed applicants in a probationary period with min. employment of 3 months
- Reduced Minimum Property Values of £75,000
- Increased age to 75 years old at the end of the interest-only term
- New build houses up to 85% LTV
- Considering net profit and salary for limited company directors by referral
- Maternity Leave – Return To Work Pay Now Accepted
Broker Company Submission Details – Read More
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.