Residential

Bridging Loans

Our 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.

Let us help you get started

Have a case you need support with or simply need to know more about our products?  Get in touch today.

Our Product Range

Range Features Criteria

Purchase

Max LTV:

70%

Interest Rate:

from 0.60%

Charge type:

1st/2nd

Location:

England, Scotland, Wales

Term:

12 months

Interest type:

Retained

  • Residential properties only.
  • Evidenced, robust exit strategy.
  • Client’s / immediate family’s primary place of residence.
  • Minimum age is 18. No maximum age limit.
  • Minimum loan size - £75k
  • Scotland - mainland only.
  • Minimum term 1 month.
  • Retained interest only.

Refinance

Max LTV:

70%

Interest Rate:

from 0.60%

Charge type:

1st/2nd

Location:

England, Scotland, Wales

Term:

12 months

Interest type:

Retained

  • Residential properties only.
  • Evidenced, robust exit strategy.
  • Client’s / immediate family’s primary place of residence.
  • Minimum age is 18. No maximum age limit.
  • Minimum loan size - £75k
  • Scotland - mainland only.
  • Minimum term 1 month.
  • Retained interest only.
Range Features Criteria

Auction

Max LTV:

74.5%

Interest Rate:

from 0.60%

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

Purchase

Max LTV:

70%

Interest Rate:

from 0.60%

Charge type:

1st/2nd

Location:

England, Scotland, Wales

Term:

12 months

Interest type:

Retained

  • Residential properties only.
  • Evidenced, robust exit strategy.
  • Client’s / immediate family’s primary place of residence.
  • Minimum age is 18. No maximum age limit.
  • Minimum loan size - £75k
  • Scotland - mainland only.
  • Minimum term 1 month.
  • Retained interest only.

Refinance

Max LTV:

70%

Interest Rate:

from 0.60%

Charge type:

1st/2nd

Location:

England, Scotland, Wales

Term:

12 months

Interest type:

Retained

  • Residential properties only.
  • Evidenced, robust exit strategy.
  • Client’s / immediate family’s primary place of residence.
  • Minimum age is 18. No maximum age limit.
  • Minimum loan size - £75k
  • Scotland - mainland only.
  • Minimum term 1 month.
  • Retained interest only.

Development Exit

Max LTV:

70%

Interest Rate:

from 0.60%

Charge type:

1st

Location:

England, Scotland, Wales

Term:

12 months

Interest type:

Retained

  • Practical Completion to have been achieved is preferable.
  • Inspection reports from Build Control and Warranty provider to be provided.
  • Sales proceeds can be distributed, subject to LTV / credit committee approval.
  • Minimum age – 18
  • Minimum loan size - £75k
  • Minimum term – 1 month
  • Scotland – mainland only

Refurb / Conversion

Development Lite - funding structural works and ground-up developments.
Max LTV: 70% (Day 1 LTV)
65% (LTGDV)
Rates: from 0.80%
Charge type: 1st
Location: England, Wales
Term: 18 months
Interest type: Retained
  • Monitoring surveyor to be used and approval required prior to any drawdowns
  • Investment properties only 
  • Up to 100% of build costs can be funded, in arrears.
  • Experience of similar projects preferable.
  • Minimum profit margin of 15%
  • Minimum age – 18. No maximum age limit. 
  • Minimum loan size - £150k
  • Minimum term – 1 month
HMO / BTL  / PD Conversions
Max LTV: 70% (Day 1 LTV)
65% (LTGDV)
Rates: from 0.70%
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.
  • Up to 100% build costs can be funded, in arrears.
  • All appropriate licenses/permissions required.
  • Extensions permitted where current internal square footage does not increase by more than 50%
  • Ideal for extensions or loft conversions under Permitted Development
  • Works to not exceed 15% of GDV.
  • Minimum age – 18. No maximum age limit
  • Minimum loan size - £150k
  • Minimum term – 1 month
  • Scotland – mainland only
Cosmetic refurbishment
Max LTV: 70% (Day 1 LTV)
Rates: from 0.65%
Charge type: 1st/2nd
Location: England, Scotland, Wales
Term: 12 months
Interest type: Retained
  • Works requiring planning permission or approval not allowed.
  • No structural works permitted
  • Typically no Monitoring Surveyor, but inspections prior to further drawdowns required
  • Minimum age – 18. No maximum age limit
  • Minimum loan size - £150k
  • Minimum term – 1 month
  • Scotland – mainland only

Become an Introducer

Introduce business to West One

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. 

become-introducer-4

Meet our Bridging Finance Team

Sales, business development & operations.

Nicholas Jones

Sales Director, Bridging

nicholas.jones@westoneloans.co.uk +44 (0)333 1234 556

Michael Grant

Head of Sales, Bridging & Development Finance

michael@westoneloans.co.uk +44 (0)7415 117 683

Matthew Watson

Business Development Manager

matthew.watson@westoneloans.co.uk +44 (0)7584 165 082

Adam Wolstenholme

Business Development Manager

adam.wolstenholme@westoneloans.co.uk +44 (0)333 1234 556

Amy Medhurst

Internal Sales Manager

amy.medhurst@westoneloans.co.uk +44 (0)333 1234 556