£427,000 bridging loan for auction purchase during lockdown

bridging loan for auction purchase during lockdown

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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