West One is a specialist lender which was first established in 2007 and is part of the Enra Group. West One have developed a truly diverse range of products, and a reputation for providing a personalised approach to lending. West One help homeowners, landlords and property professionals find the right financial solution to deliver a variety of projects and purchases. West One originates £1bn of loans per annum.
CMB
- Diverse product range
- A personal approach
- Advanced technology
- Expert support
Was struggling to secure finance for my next commercial to residential project and was about to give up when an associate recommended that I talk to CMB. Several weeks later and my finance was in place and I secured the project and it is now well under way. Really pleased with the service. They are educated experts and I would definitely recommend them. I look forward to working with them on my next project.
About West One
West One's Bridging Loans
West One specialise in providing short term bridging solutions to clients for both residential, semi-commercial and commercial properties.
Rates start from 0.55% per month, with a minimum loan size of £75k. West One also offer second charge loans from 0.75% with a minimum loan size of £250k.
Minimum terms are from 1 month, with no ERC (early repayment charge), which can be a useful solution for shorter term borrowing.
West One Bridging Key product features
- Interest charged with a one month minimum
- Interest can be retained or serviced, subject to affordability
- Adverse credit to be considered case by case
- No exit fees
West One will provide bridging solutions for the following scenarios:
- Residential property
- First and second charge security
- Multiple occupation (such as HMOs)
- Farms or agricultural property
- Land, with and without planning
- Individuals
- Limited and unlimited companies, as well as PLCs
- Offshore special purpose vehicles (SPV)
- Individual borrowers
- Trusts
West One Buy To Let Finance
West One provide an extensive Buy To Let Finance solutions with loan to values (LTVs) of up to 75%, with rates starting from 3.59%.
West One Loans Buy To Let Key product features
- £50k to £1million loan sizes
- Terms from 5 to 30 years
- Specialist underwriting on all applications
- Faster completions and reduced legal fees for standard property remortgages up to £750k
- Flexible approach for portfolio landlords
- No credit-scoring – underwriting based on credit assessment
- No additional interest loadings for limited companies
West One Offer Buy To Let Finance solutions for a range of different types of properties including:
- Houses, leasehold flats, and maisonettes
- Houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs)
- New builds, high rise flats above 5 storeys, deck access & ex-local authority flats
- Properties owned for less than 6 months
- Holiday and short-term lets, including Airbnb
- UK individual, SPV limited companies and LLPs
- First-time landlords and expats considered
West One Loans Development Finance
West One offer a competitive Development Finance solution with Loan To Values on purchase of up to 70%.
West One Development Finance – Key product features:
- £1m to £7.5m loan sizes
- Initial loan-to-value up to 70%
- Loan-to-cost up to 85%
- Loan-to-GDV up to 65%
- Up to 100% of build costs
- Terms up to 24 months
- 30 units or less of up to £1.5m value per unit
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CMB
- Highly experienced bank trained team.
- £1bn+ of assets funded to date.
- Large panel of lenders.
- Property experts.