Joint Borrower Sole Proprietor mortgages are where a mortgage is in joint names but home ownership rights remain with only one of the borrowers. This is particularly useful for enabling close family members to help a loved one onto Important A reminder that we're increasing our rates across a number of mortgage products from April [...]

It gives me a great pleasure in giving you advance notification about our exciting new product and criteria which go live on Monday 11th April. Summary of changes Larger HMOs All types of HMO will be acceptable including licenced, C4 planning use, Sui Generis planning use, as well as properties requiring considerable alternation to [...]

With effect from 10am today, Monday 11th April, we're making the following changes to our Capital Select products. We're increasing the interest rates on: ·         Capital Select Super Lite ·         Capital Select Lite ·         Capital Select Gold ·         Capital Select Gold Plus ·         Capital Select Platinum ·         Capital Select Platinum Plus The new interest [...]

Head of Sales – Precise Mortgages and Kent Reliance for Intermediaries James Forth explains how our widened range of acceptable adverse could help you to support more of your customers who’re struggling to secure a residential mortgage. Click here to read more.

We're delighted to introduce a new Limited Edition product to our Residential remortgage range to be launched tomorrow. See new and updated product guides attached. Our new Pepper 60 Limited Edition is available up to 85% LTV on a 5-year fixed term and will give customers the stability of affordable payments in a very uncertain interest [...]

Please refer below for our current service levels to help manage your customer’s expectations for new applications. Important timescales New fully-packaged ‘right first time’ applications to approval are taking on average: Type Average number of working days’ for Underwriting assessment Residential employed 2 w/d Residential self-employed 2 w/d Buy to Let 2 w/d Before [...]

With our new streamlined approach to calculating customers’ Buy to Let applications, you’ll find that you’ll have more time on your hands because: we have two indication calculators – one for smaller landlords and one for portfolio landlords with lower stress rates for like-for-like remortgages and 5 year products, we could lend more to [...]

With a common-sense approach to portfolio cases, West One offer a safe pair of hands to help landlords maintain and grow their portfolio, by delivering finance in a smooth and timely fashion. Our latest case study highlights the benefit of our individual approach to underwriting in successfully supporting portfolio landlords to grow their portfolio. [...]

Whether your clients are looking to purchase their first home, move or remortgage, you may be asked, ‘How long will this take?’ Many factors will affect the length of time it takes to complete a transaction, and some of these factors will be outside the control of you and your client. However, the great [...]

The removal of mortgage interest tax relief has had a significant effect on the buy to let market since its phased reduction was announced in 2017.With landlords no longer able to deduct mortgage interest from their rental income, it’s never been more important for you to understand the tax implications that impact your clients. [...]