West One launches new buy-to-let calculator for brokers
West One Loans has launched a new online buy-to-let calculator for brokers to assess how much landlords may be able to borrow in advance of making a full application.
The calculator is designed to help speed-up cases and intended as a guide for intermediaries to share with their clients for illustrative purposes only. It does not take into account possible fees, nor does it constitute an offer of credit.
Any application for credit will be subject to full underwriting, including a credit search and the maximum loan size may differ to indicative figures provided by the calculator.
Brokers with clients looking to borrow more than £1,500,000 are encouraged to contact West One Loans directly for bespoke pricing.
Andrew Ferguson Managing Director of Buy-to-Let West One Loans says:"We are continuously looking at ways to enhance the digital experience for customers and to improve the end-to-end service we offer to brokers.
"This new digital tool will hopefully make brokers' lives easier by giving them an indication of how much their buy-to-let clients may be able to borrow in just a few clicks.
"The service is easy to use and should help to speed up cases in the long run by providing brokers and their clients with useful insight before they decide whether or not to make a full application."