West One website

West One is a leading provider of specialist mortgage and property finance, offering Buy-to-Let, Residential Mortgages, Second Charge, Commercial Mortgages, Bridging and Development Finance. .
 
Our products are designed to meet the needs of a wide range of borrowers, including those with more complex circumstances.
 
Buy to Let

  • Standard and Specialist range of 2- and 5-year fixed rate products
  • Individual, limited company and LLPs
  • LTVs up to 75%
  • Expats, HMOs, MUFBs, Airbnb and Holiday Lets
  • DSCR starting from 125% for basic rate taxpayers, stressed at 5% or pay rate for 5 year fixed rates
  • First time landlords including HMO, MUFBs and Holiday Lets considered
  • No minimum income and no evidence of income required (unless basic rate taxpayer and lower DSCR is needed)
  • Flexible approach to portfolio landlords – Lending up to £15m

Residential

  • Multiple product ranges and tiers to suit borrowers
  • Available to employed, self-employed, contractors and retired applicants, FTBs.
  • No credit scoring: each case is assessed on its merits
  • Older Borrowers accepted, with loan term ending at 85 years old
  • LTI over 5 times incomes considered subject to meeting eligibility requirements – LTI Boost options available
  • Fixed rates and lifetime tracker products available
  • Remortgage fast track available

Second Charge

  • Second Charge Mortgages for residential and BTL properties
  • Offering capital raising for landlords locked into longer term fixed rates
  • Regulated and Unregulated bridging on a 1st and 2nd charge basis with competitive rates

Bridging

  • Regulated and unregulated loans as either 1st or 2nd charges 
  • Loans from £75,000 to £30m (higher on referral)
  • Max LTV up to 75% 
  • 1st or 2nd charge, regulated or unregulated loans offered
  • 1 month term minimum
  • No early repayment charges applicable
  • Loans secured against all property types (residential, semi-commercial, commercial).
  • Lending across England, Wales and Mainland Scotland

Development Finance

  • Funding up to 65% LTGDV and 85% LTC
  • Loan sizes between £1m–£30m
  • Funding 100% of build costs
  • Developer’s equity contribution provided at the start of the facility

Commercial

  • Semi-commercial fixed rates starting from 6.69%
  • Commercial fixed rates starting from 7.44%
  • LTV up to 75% accepted
  • Day 1 lending available 
  • Loans up to £3million considered
  • 24-hour SLA at all touch points 
  • Dedicated Commercial underwriting and support team supporting speed of service, one dedicated underwriter from start to finish on all applications

 

*Products from West One can be accessed by using Next Intelligence as your payment route or you can use our packaging service. Please contact us for further details.