£427,000 bridging loan for auction purchase during lockdown

bridging loan for auction purchase during lockdown

The specialist finance market is well known for tackling many scenarios and borrowers which are restricted by or entirely avoided by traditional lenders. When borrowers turn to West One Loans, a well-established specialist lender they are often surprised by the wealth of products, speed and flexibility they are able to access. Powered by a team of financial experts, our clients are quickly able to tap into invaluable knowledge, experience – and in turn achieve their financial goals. Here’s how a client worked with West One to access a bridging loan of £427,000 to complete on their auction purchase during the coronavirus lockdown.

  • Loan value
    £427,000
  • LTV
    63%
  • Rate
    0.95%
  • Loan term
    12 months