Ensuring a quick completion on a  Bridge-to-Let case during lockdown

When speed is of the essence and a client has a complex problem such as migrating from one lending product to another, it could be easy to think the case is not possible. This is when using a specialist multi-product lender like West One ensures that clients can enjoy a seamless transition from bridging finance to a buy-to-let or development product.

  • Loan value
  • LTV
  • Rate
  • Loan term
    6 months

The Client

The client was a foreign national with UK residency who was purchasing a new build buy-to-let property in Canary Wharf.

Completed In: 24 days

The client needed a quick completion on a BTL mortgage for a newbuild apartment that he had purchased in Canary Wharf. The sale had been agreed 2 years prior and the deposit had been paid, however the build was now complete and they had to make the final payment on the purchase but due to the COVID environment were struggling to secure a BTL mortgage.

The team were able to provide a bridging loan over the purchase with the exit also being provided by West One as a term buy-to-let loan. West One readdressed the original bridging valuation to keep costs down for the client and moved them off the bridge onto a cheaper term debt after just 42 days. From application to completion the bridging loan was secured in a quick 24 day turnaround.

property refurbishment project on pause

West One are a comprehensive multi-product lender meaning that a client can easily migrate from one product to another and ensure a smooth transition through their property finance journey. Using multiple lenders can be time consuming, expensive and offer varying levels of service, having a single source of funding ensures consistency, speed and a happy client.


A quick turn around and a very happy client benefiting from the West One integrated product portfolio.