West One Loans – Products & Policy

West one logoSome of our key highlights are below.

Bridging

  • Legal undertakings requested on exception.
  • Certainty of finance. We are extremely well capitalized and renowned for deliverability.
  • Speed of service.
  • Instant access to decision makers across the business.
  • Solicitors instructed on day 1
  • Regulated & Unregulated
  • Lend to lend to private individuals, SPVs offshore structures, SIPPS trusts
  • Commercial, Semi Commercial
  • Land with and Land without planning
  • Loan sizes £75k – £30m

BTL

  • 140% stress for higher rate taxpayers
  • No minimum income requirements
  • Portfolio landlords – no stress test on background portfolio or limit on size, Flexible approach towards portfolio landlords, with lending up to £7.5m per borrower – more than 20 applications or £3m lending by referral
  • Limited Company cases with no rate loading
  • Day one refinance
  • Max LTV 75% up to £1.5 million  for purchases and remortgages
  • Max age on application 80
  • First Time Landlords –No BTL experience required
  • HMOs, Multi-unit Blocks, Holiday Lets
  • Up to 75% LTV for Flats above Commercial Premises

Initial submission requirements

  • Fully completed signed application form
  • £180 Application fee
  • Certified KYC (including signature ID); required for all applicant’s, director’s and qualifying shareholders (20%+)

The underwriter will then send you a specific shopping list

We now have a new bridging enquiry form, please click here to download