West One Loans

West One’s approach to background portfolios is made simple as we take a pragmatic approach to stress testing background portfolios 📄 We ascertain if it’s self-financing, we do not require additional verification like E-Tech or EDM, and we can consider a portfolio exposure limit of up to £3 million or above on referral. For more on our Buy-to-Let mortgage offerings for portfolio landlords, visit https://lnkd.in/dqGZucrV or reach out to book a meeting with Paddy Doyle and Peter MAINA using the contact details below. 📩 paddy.doyle@westoneloans.co.uk and peter.maina@westoneloans.co.uk *For intermediaries only #BuyToLet #WestOne #landlords #portfolios

🏢 West One Development Finance - Supporting regeneration in East London! Planning permission is in place to demolish the existing single-storey commercial unit and transform the site into a 5-storey building, with a mix of residential and commercial use. The new development marks the continuation of the regeneration of the borough in East London. - GDV: £6.49m - Loan Term: 24 Months - LTV: 17% Read more here - https://lnkd.in/dwewPR3n *For Intermediaries Only #DevelopmentFinance #PropertyFinance #WestOne

1️⃣1️⃣ MORE reasons to choose West One Residential - Introducing our biggest set of Residential Mortgage criteria changes including skilled worker visa’s and new AVM criteria. Highlights include: 1. Skilled Worker Visa’s/Health & Care Visa’s/UK Ancestry Visa’s/EEA Nationals, with borrowers eligible for our maximum LTV of 90% 2. AVM for loan sizes up to £300,000 now available for select criteria 3. Increased maximum loan size of £2.5million 4. Minimum Property Values now at £75,000 5. Maximum retirement age increased – We now use the lower of the applicant's stated retirement age or age 75 6. Maximum age increased for interest-only borrowers 7. Up to 100% of second job income included 8. New Build Max LTV Increased 9. Applicants no longer need to be out of employment probation minimum time in employment is 3 months 10. Self-Employed - Net Profit & Salary - By referral for borrowers who need to use net profit and salary for limited company directors with a minimum of 50% shareholding. 11. Maternity return to work now accepted. Use of income for affordability for applicants on maternity leave whose employers can confirm a return-to-work date within 6 months. Download our guide to our latest product changes 👉 https://lnkd.in/dHiisERg T&Cs apply For more information contact your West One representative, or the office at: ☎️ 0333 123 4556 / 📥 brokersupport@westoneloans.co.uk *For Intermediaries Only! #WestOne #ResidentialMortgages #Intermediaries #Reasons Marie Grundy / Pauline Rylands / Paul Huxter / Steve Mannakee / David Venn / Helen Merrey / Helen Linnen / Lesley Terry

When Fast isn’t Fast enough, you need West One! ⏱️ When you need funds in days, you need an experienced lender to support your ambitions. West One have curated a bridging product that provides funds in days – West One bring you the 5-Day bridging loan. With specific criteria, our new Faster bridging product looks to complete a bridging loan within one week. Features of 5️⃣-day bridging: ▶️ Unregulated loans ▶️ Max property value up to £1 million - £1 million in London and Home Counties, £500,000 elsewhere ▶️ Excludes heavy refurbishment ▶️ Dual representation is provided if required (in-house solicitors) ▶️ Purchase – up to 75% (of PP or AVM – whichever is lower) ▶️ Refinance – up to 65% For further details visit: https://lnkd.in/d8k-Mmbr Alternatively contact your West One representative or the office team on: ☎️ 0333 1234 556 or ✉️ sales@westoneloans.co.uk T&Cs apply *For Intermediaries Only #Bridging #WestOne #Intermediaries

Big Buy-to-Let news! West One have made changes to our 1st charge Buy-to-Let fixed rate product range. The changes affect our Core and Complex product ranges. Product changes feature: ✔️2-year fixed rates now starting from 2.84% ✔️5-year fixed rates now starting from 4.29% ✔️Specialist 5-year fixed-rate (Small HMO/MUFB) reduced by 10bps ✔️Specialist 2-year fixed-rate (Small HMO/MUFB) & (Above or next to Commercial) reduced by 20bps- 25bps ✔️All W2 and W3 products reduced by 15bps and 10bps respectively Key Criteria Changes across our core range: ➡️ Increase maximum loan size to £3 million gross on standard and specialist product range ➡️ Ability to do foreign national cases where the borrower has no existing UK property. (LTV capped at 65% gross by referral) ➡️ Ability to do expat cases where the borrower has no existing UK property. (LTV capped at 70% gross by referral) For more information, visit: https://lnkd.in/dJ25smzM Alternatively, contact your West One representative or contact the office for more information 📞: 0333 123 4556 📧: brokersupport@westoneloans.co.uk *For Intermediaries Only #BuyToLet #WestOne #Updates #RateReductions #Landlords Andrew Ferguson / Hayley Giles / Matt Watson / Jez Q. / Kash Moghul / Ashley Bailey / Paddy Doyle / Michael Grant

📢 Don't miss out on the opportunity to hear from our Head of Bridging Finance, Tom Cantor, as he shares his expertise on a panel at The Premier Property Club on Wednesday 24th of July. Learn from Tom and other industry experts about the latest trends and insights in the property market. Secure your spot now at: https://lnkd.in/dxwNYjAz #BridgingLoans #PropertyInvesting #PremierPropertyClub #ExpertPanel

Bridging loans can provide a fast way for borrowers to transact when the circumstances demand action. West One boasts an average #bridging completion time of just 27 days, which is 31 days FASTER than the industry average*. Reason to choose West One bridging: ⏱️ Regulated and unregulated loans as either 1st or 2nd charges1st and 2nd charge - A wide range of #property types considered including land - Bridging loans up to £20 million and higher on referral To discuss a bridging opportunity to West One visit: https://lnkd.in/gQqrHJDX Or call 0333 1234 556 *For intermediaries only #WestOne #BridgingLoans #PropertyTypes

0️⃣ Zero, Zilch, Nuda, Nul, Nothing, Nowt…However you say it, we’re talking your language. Our Shared Ownership and Right to Buy products NOW feature Zero Lender fees! Our products are designed to offer real mortgages for real people from affordability to no credit scoring to Zero lender fees. Shared Ownership and Right to Buy borrowers are also now eligible for our products if they have unsecured credit with up to 2 in 12 missed payments in the last 12 months (providing the account is now up to date). Shared Ownership: ✔️ Borrow up to 100% loan to share value now also available with zero lender fees ✔️ Rates starting from 6.45% ✔️ 5.0 times income multiples as standard ✔️Up to 100% of regular bonus/overtime/commission considered Right to Buy: ▶️ New products now available with “zero” lender fee ▶️ Lower of 100% of discounted purchase price or 75% of OMV ▶️ Ex-local authority flats accepted up to 65% with a minimum value of £200,000 ▶️ 5.0 loan to income as standard ▶️ Loan term can be taken to age 85 ▶️ Up to 100% of regular bonus/overtime/commission considered Across our Right to Buy and Shared Ownership products we do not credit score, allowing for: - CCJ’s/Defaults under £500 - Satisfied Defaults - CCJ’s over £500 satisfied over 12 months ago - Unsatisfied CCJ’s/Defaults over 24 months ago - NEW Unsecured arrears - highest status of 2 in the last 12 months for accounts now up to date 👉 View our product guide for further details - https://lnkd.in/dEGy7vQF Alternatively, contact your West One representative or contact the office for more information 📞: 0333 123 4556 📧: brokersupport@westoneloans.co.uk #WestOne #ResidentialMortgages #SharedOwnership #RightToBuy Marie Grundy / Paul Huxter / Kayleigh Tuvey / Steve Mannakee / David Venn / Helen Merrey / Helen Linnen / Lesley Terry

📢 Don't miss out on the opportunity to hear from our Head of Bridging Finance, Tom Cantor, as he shares his expertise on a panel at The Premier Property Club on Wednesday 24th of July. Learn from Tom and other industry experts about the latest trends and insights in the property market. Secure your spot now at: https://lnkd.in/dBF2Xy6i #BridgingLoans #PropertyInvesting #PremierPropertyClub #ExpertPanel

⬇️ Buy-to-Let Rate Reductions and New Products We have REDUCED some of our 1st Charge Buy-to-Let fixed rate products. The changes relate to standard and Specialist Limited Edition, with up to 17bps cut from ALL non-portfolio products and up to 12bps cut from ALL portfolio products. We’ve also added 5 NEW products across our portfolio and non-portfolio ranges with rates starting at 3.69%. View the product guide for further details - https://lnkd.in/dq9BibVr Alternatively, contact your West One representative or contact the office for more information: 📞: 0333 123 4556 📧: btlbrokersupport@westoneloans.co.uk #BuyToLet #WestOne #RateReductions Andrew Ferguson / Matt Watson / Jez Q. / Hayley Giles / Kash Moghul / Paddy Doyle / Ashley Bailey / Michael Grant