Residential Mortgages

We start where the high street stops

As one of the UK’s leading specialist mortgage lenders, West One offers a comprehensive range of residential mortgage products to borrowers who are unable to obtain a high street mortgage. Such borrowers often have more complex circumstances and could be rejected by other lenders. But here at West One, you’ll find they are more likely to be accepted because of our personal approach to underwriting and willingness to understand their individual circumstances.

We help borrowers who are homemovers, first-time buyers and those looking to re-mortgage their existing home to improve their mortgage terms or raise capital for almost any legal purpose. Our borrowers' needs are often underserved by the high street, such as self-employed and older applicants. We understand that life is not always straightforward, which means we can consider applications from customers who have less than a perfect credit score.

We know how important it is to be able to talk through a case so you can find the right solution for your clients, which is why our dedicated broker support team are on hand to assist with any new enquiries you wish to discuss, supported by our office based team of highly experienced underwriters.

Product Guide Useful Downloads

Let us help you get started

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.

Mortgages for most circumstances

We specialise in helping borrowers with complex circumstances to:

Move home or purchase their first property.
Re-mortgage to improve their mortgage terms and/or capital raise, often for home improvements or debt consolidation.
Release equity from a currently unencumbered home for almost any legal purpose.

With loan sizes from £25k to £1m, repayment terms of 5 – 40 years, fast track remortgage service and multiple product options, we can often help when others can’t.

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Suitability

Our products are exclusively available through mortgage intermediaries to provide various submission routes for applications.

Our mortgages are ideal for borrowers who:

Are first-time buyers
Are self-employed
Have less than a perfect credit score
Have complex income requirements
Are older borrowers

Our Product Range

Borrowers who have less than a perfect credit score and older borrowers

Purchase, Remortgage and Unencumbered
Fast Track remortgage service provided by our in-house legal team
Up to 90% LTV Available, including First Time Buyers
Capital Raising for debt consolidation available up to 90% LTV
LTI over 5 times incomes considered subject to meeting eligibility
requirements
AVMs available for loan sizes up to £150,000 accepted subject to criteria
Flexible loan sizes from £25,000 to £1,500,000
No credit scoring; each case is assessed on its merits
Minimum age 21 with the loan term ending by age 85
Available to employed, self-employed, contractors and retired applicants
Interest Only up to 75% LTV subject to eligibility
Capital raising for most legal purposes acceptable, including Debt Consolidation, Home Improvements, Schools Fee's, Second Home Purchases and releasing equity to help get family members onto the property ladder
Maximum loan term up to 35 years
Fixed rates and lifetime tracker products available
Advising and arrangement fees can be disbursed directly to our introducing broker firm

Employed, Self Employed, Contractors and Retired applicants (subject to minimum income requirements)
Employed applicants accepted subject to a minimum of 3 months employment and not in a probationary period
Self Employed applicants accepted subject to a minimum of 2 years trading history
Retired applicants accepted subject to them meeting minimum income threshold from private pension source
LTI’s up to 5 times income as standard
LTI's over 5 times income available through our Prime Plus Flex Product subject to eligibility
Mortgage term can be taken up to an applicants 85th birthday
Debts being consolidated are excluded from the affordability calculation
Married applicants with mortgages in a sole name accepted
Automated expenditure assessment
Child-related benefits accepted for children up to the age of 12 (other benefits by referral)
State Pension accepted
Non-standard construction but confirmed as mortgageable max 75% LTV subject to not being an 'Unacceptable' property type
Family gifted deposits accepted
Non EEA applicants considered by referral
England and Wales

Minimum 12 months mortgage/rental history (not required for first time
buyers)
No secured arrears in the last 12 months and account must be up to date
No unsatisfied CCJ's or unsatisfied defaults over £500 in the last 24 months
Unsecured arrears accepted provided that the account has not been subject to more than 1 months arrears at any point during the last 12 months on any item of unsecured credit and the account is currently up to date.
Unsecured credit with balances under £500, utility bills and communication suppliers not included for plan assessment purposes
Satisfied CCJ’s & Satisfied Defaults are not taken into account for plan assessment purposes but explanations may be required
No IVA/DMP/Bankruptcies or repossessions within the last 6 years
No payday loan activity within the last 24 months
Utilities and comms suppliers not taken into account for plan assessment purpose

Borrowers whose credit score would prevent them from accessing mainstream mortgage lending
Borrowers who are struggling to get a mortgage who have satisfied CCJ's and/or defaults
Borrowers who are struggling to get a mortgage who have unsatisfied CCJ's or defaults under £500
Borrowers who are struggling to get a mortgage who have missed payments on utilities or comms supplier accounts
Older borrowers
Borrowers with more complex income
Borrowers with good credit profiles whilst still allowing for the occasional payment blip
Borrowers who are prevented from getting a mortgage as a result of LTI restrictions
First time buyers who are living with family or do not have a 12 month rental history
Borrowers who are unable to obtain a mortgage due to LTI restriction
Self employed contractors and employed applicants working under an umbrella company
Borrowers where the speed of completion is important to them which may not be achievable via another lender
Applicants who are sole owners of the property who are married but want the mortgage only in their sole name are acceptable, subject to the non-owning occupier signing a consent form

            Highlights:
5-Year Fixed Rates from 6.55%
2 Year Fixed Rates from 6.89%
Lifetime Tracker rates from +2.75% above BBR without ERC's
Up to 90% LTV product for first-time buyers, home movers & remortgage customers
Prime Plus Flex Product offering LTI’s over 5.0 times income
Up to age 85 at the end of the loan term
Fast track remortgage service available
Automated Affordability Decisioning

          

Borrowers with less than a perfect credit score or who may have experienced some historical credit issues.

Purchase, Remortgage and Unencumbered mortgages
Fast Track remortgage service provided by our in-house legal team
First Time Buyers, homemovers, purchase and capital raising remortgages up to 75% LTV
AVMs accepted subject to criteria
Flexible loan sizes from £25,000 to £1,000,000
No credit scoring, each case is assessed on its own merits
Minimum age 21 with the loan term ending by age 85
Available to employed, self-employed, contractors and retired applicants
Interest Only up to 75% LTV subject to criteria
Capital raising for most legal purposes acceptable, including Debt Consolidation, Home Improvements, Schools Fee's, Second Home Purchases and releasing equity to help get family members onto the property ladder
Terms from 5 - 40 years
Fixed rates and lifetime tracker products available
Advising and arrangement fees can be disbursed directly to our introducing broker firm

Satisfied CCJ's and Defaults ignored for plan selection purposes
Unsatisfied CCJ's and Defaults under £500 ignored for plan selection purposes
DMP's discharged over 2 years ago acceptable with a satisfactory explanation
Employed, Self Employed, Contractors and Retired applicants (subject to
minimum income requirements)
Employed applicants accepted subject to a minimum of 3 months employment and not in a probationary period
Self Employed applicants accepted subject to a minimum trading history
of 1 year
Retired applicants are accepted subject to them meeting the minimum income
the threshold from private pension sources
LTI over 5 times income available through our Prime Flex Product subject to eligibility
Mortgage term can be taken up to an applicants 85th birthday
Debts being consolidated are excluded from the affordability calculation
Automated expenditure assessment
Married applicants with mortgages in a sole name accepted
Child-related benefits are accepted for children up to the age of 12 (other
benefits by referral
State Pension accepted
Non-standard construction but confirmed as mortgageable max 75% LTV subject to not being an 'Unacceptable' property type
Family gifted deposits accepted
Non EEA applicants considered by referral
England and Wales

Minimum 12 months mortgage/rental history (not required for first time
buyers)
No secured arrears in the last 12 months
No unsatisfied CCJ's or unsatisfied defaults over £500 in the last 12 months
Satisfied CCJ’s & Satisfied Defaults are not taken into account for plan
assessment purposes but explanations may be required
Unsecured arrears permitted accompanied by a plausible explanation. Current unsecured arrears to be repaid from the loan proceeds
Unsecured credit with balances under £500, utility bills and communication suppliers not included for plan assessment purposes
No IVA, Bankruptcies or repossessions within the last 6 years
No payday loan activity within the last 24 months

Borrowers with less than a perfect credit score or who may have experienced some historical or more recent credit issues
Borrowers who may need greater flexibility in obtaining larger mortgage sizes, for example, to fund significant home improvement projects or purchase an investment property/holiday home
Self employed borrowers with a shorter trading history
Self employed contractors and employed applicants working under an umbrella company
Older borrowers
Borrowers who are unable to obtain a mortgage due to LTI restrictions
Borrowers where the speed of completion is important to them which may not be achievable via another lender
Applicants who are sole owners of the property who are married but want the mortgage only in their sole name are acceptable subject to the non-owning occupier signing a consent form
Borrowers whose credit score may have been adversely affected by a life event or a change in circumstances

            Highlights
5 Year Fixed Rates from 6.55%
2 Year Fixed Rates from 6.99%
Lifetime Tracker rates from BBR +3.00%
Up to 75% LTV available including capital raising for debt consolidation
LTI's up to 5 times income as standard
Prime Flex offering LTI's over 5.0 times income
Fast track remortgage service available
AVM's up to £75,000 for remortgage customers
Automated Affordability Decisioning
 

          

Borrowers with less than a perfect credit score or who may have experienced some historical or more recent credit issues

Purchase, Remortgage and Unencumbered mortgages
Fast Track remortgage service provided by our in-house legal team
AVMs are accepted subject to criteria
Flexible loan sizes from £25,000 to £750,000
No credit scoring; each case is assessed on its own merits
LTVs available to 75%
Terms from 5 - 40 years
Capital raising for most legal purposes acceptable, including Debt
Consolidation, Home Improvements, Schools Fee's, Second Home
Purchases and releasing equity to help get family members onto the property ladder.
Products available for borrowers with CCJ's, defaults and current or recent DMP's
Minimum age 21 with the loan term ending by age 85
Fixed rates and lifetime tracker products available
Advising and arrangement fees can be disbursed directly to our introducing broker firm

Employed, Self Employed, Contractors and Retired applicants (subject to minimum income requirements)
Employed applicants accepted subject to a minimum of 3 months employment and not in a probationary period
Self Employed applicants accepted subject to a minimum trading history of 1 year
Retired applicants accepted subject to them meeting minimum income threshold from private pension sources
Maximum LTI 5.0
Current DMP's or DMP's that are discharged are acceptable with a satisfactory explanation
Automated expenditure assessment
Child-related benefits accepted for children up to the age of 12 (other benefits by referral)
State Pension accepted
Non-standard construction but confirmed as mortgageable max 75% LTV subject to not being an 'Unacceptable' property type
No IVA, Bankruptcies or repossessions within the last 6 years
Current or Discharged DMP's accepted with satisfactory explanation
England and Wales

Minimum 12 months mortgage/rental history
Minimum 12 months mortgage history – 1 missed payment in the last 12 months (providing none in the last 3 months)
Up to 1 unsatisfied CCJ’s and 1 unsatisfied default over £500 in the last 12 months up to a maximum value of £1250 per CCJ and /or default
Unsecured arrears permitted in the last 12 months if accompanied by a plausible explanation
Satisfied CCJ's and Defaults ignored for plan selection purposes
Unsatisfied CCJ's and Defaults under £500 ignored for plan selection purposes
No IVA, Bankruptcies or repossessions within the last 6 years
Unsecured credit with balances under £500, utility bills and communication
suppliers not included for plan assessment purposes
Payday loans accepted accompanied by a satisfactory explanation providing no payday loan activity in the last 3 months

Borrowers with less than a perfect credit score or who may have experienced some historical or more recent credit issues
Borrowers who may find it more difficult to obtain a high street mortgage
Borrowers who may have been subject to a one-off lifetime event which have adversely impacted on their credit score
Borrowers where the speed of completion is important to them which may not be achievable via another lender
Applicants who are sole owners of the property who are married but want the mortgage only in their sole name are acceptable subject to the non-owning occupier signing a consent form.
Family gifted deposits accepted
Non EEA applicants considered by referral

            Highlights
5 Year Fixed Rates from 7.99%
2 Year Fixed Rates from 8.45%
Lifetime Tracker rates from BBR +3.75%
Up to 75% LTV available including capital raising for debt consolidation
Available to borrowers with current or recent DMP’s
Fast track remortgage service available
AVM's up to £60,000 for remortgage customers
Automated Affordability Decisioning

          

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.