Commercial Finance
West One cuts fixed commercial mortgage rates by 0.75%
The latest reduction sees semi-commercial fixed rates start from 7.34%, while commercial fixed rates now start from 7.94%.
West One
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West One expands mortgage sales team with four new appointments
Paul Huxter said: “Harry Galvin, Sarah Walters, Masoumeh Shamsi and Daniel Maile each bring valuable experience and a proven track record in client relationships and sales."
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West One enhances residential and second charge mortgage ranges
For residential mortgages, West One has introduced a new Prime credit tier offering lending up to 90% LTV for borrowers with minor historic or recent adverse credit.
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West One strengthens short-term sales team with four appointments
Niamh Downey, Lux Mathiy, Vijay Varu and Hanz Rameez have joined.
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Openwork adds Perenna and West One to mortgage lending panel
The move gives advisers access to more lenders and broadens the options available for clients with different needs.
Bridging Finance
West One launches limited-edition bridging product for straightforward cases
The product is available for loan sizes between £150,000 and £1m and only applies to first-charge residential bridging loans.
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West One raises LTI limits and expands AVM criteria
The maximum loan size eligible for an AVM has risen from £300,000 to £500,000, and the maximum LTV is now 75%, up from 70%.Â
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West One expands mortgage division with senior appointment and new underwriting role
Jason Ruse has been promoted to national account manager, moving from his previous role as regional account manager.
News
West One cuts mortgage rates and expands lending criteria
West One cut its residential mortgage rates by 0.55% and buy-to-let (BTL) rates by up to 0.30%.Â
Bridging Finance
West One completes £3.25m bridging loan on Grade II-listed Kensington property
The facility was structured at 65% loan-to-value (LTV) over an 18-month term and secured against a seven-bedroom detached property.
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West One integrates Knowledge Bank tool for faster broker criteria searches
The tool uses Knowledge Bank’s database and covers products including bridging finance, residential, second charge, BTL and commercial mortgages.
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West One and Shared Direction Conveyancing partner to boost Shared Ownership proposition
The aim is to make the legal process quicker and clearer for people buying homes through Shared Ownership, from the initial application to completion.