Call 0333 123 4556
Customer SiteOur residential bridging loans range is designed for purchases, refurbishments, or refinances of residential properties.
Whether the finance is required for buying at auction, funding structural works and ground-up developments or simply just refinancing for cash-flow purposes, West One's unique approach to risk and credit allows flexibility for borrowers.
From the straightforward to the complex, we treat each case individually and tailor a solution to suit the client.
To talk to us about what we can do for you and your client or simply learn more about what West One has to offer, get in touch today.
|
Max LTV: |
70% |
|
Rates: |
from 0.65% |
|
Max charge type: |
2nd |
|
Location: |
England, Scotland, Wales |
|
Term: |
12 months |
|
Interest type: |
Retained |
Client's / immediate family primary place of residence.
Evidenced exit strategy from Day 1.
Minimum age – 18
Minimum loan size - £75k
Minimum term – 1 month
Scotland – mainland only
|
Max LTV: |
74.5% |
|
Rates: |
from 0.60% |
|
Max charge type: |
1st |
|
Location: |
England, Scotland, Wales |
|
Term: |
12 months |
|
Interest type: |
Retained or serviced |
Proof of funds/evidence of deposit required
Minimum age – 18
Minimum loan size - £75k
Minimum term – 1 month
Scotland – mainland only
Serviced interest subject to a strict affordability assessment
|
Max LTV: |
74.5% |
|
Rates: |
from 0.60% |
|
Max charge type: |
1st |
|
Location: |
England, Scotland, Wales |
|
Term: |
12 months |
|
Interest type: |
Retained or serviced |
|
Max LTV: |
70% (Day 1 LTV) |
|
Rates: |
from 0.80% |
|
Max charge type: |
1st |
|
Location: |
England, Wales |
|
Term: |
18 months |
|
Interest type: |
Retained |
|
Max LTV: |
70% (Day 1 LTV) |
|
Rates: |
from 0.70% |
|
Max charge type: |
1st |
|
Location: |
England, Scotland, Wales |
|
Term: |
18 months |
|
Interest type: |
Retained |
No experience required.
Typically no Monitoring Surveyor, but inspections prior to further drawdowns required.
100% build costs funded, in arrears.
All appropriate licenses/permissions required.
Works to not exceed 15% of GDV.
Minimum age – 18
Minimum loan size - £75k
Minimum term – 1 month
Scotland – mainland only
|
Max LTV: |
70% (Day 1 LTV) |
|
Rates: |
from 0.65% |
|
Max charge type: |
2nd |
|
Location: |
England, Scotland, Wales |
|
Term: |
12 months |
|
Interest type: |
Retained |
Works requiring planning permission or approval not allowed.
Typically no MS , but inspections prior to further drawdowns required.
Minimum age – 18
Minimum loan size - £75k
Minimum term – 1 month
Scotland – mainland only
|
Max LTV: |
70% |
|
Rates: |
from 0.60% |
|
Max charge type: |
1st |
|
Location: |
England, Scotland, Wales |
|
Term: |
12 months |
|
Interest type: |
Retained |
|
Max LTV: |
65% (1st charge) |
|
Rates: |
from 0.75% |
|
Max charge type: |
2nd |
|
Location: |
England, Scotland, Wales |
|
Term: |
18 months |
|
Interest type: |
Retained or serviced |
Where funds required for a lease extension, extension to happen simultaneous with drawdown of funds.
Refinancing existing bridging loans by referral only.
Minimum age – 18
Minimum loan size - £75k
Minimum term – 1 month
Scotland – mainland only
Serviced interest subject to strict affordability assessment
If you would like to discuss a case, register as an introducer or learn more about what West One has to offer, simply complete the short enquiry form below and a member of our broker support team will get in touch.
Head of Sales, Bridging & Development Finance
