Who are West One Buy to Let?
The group of business’s operating under West One makes us one of the largest specialist lenders in the market. West One Buy to Let are a key part of this group, and we are pleased that our service, expertise and products are now available to The Right Mortgage Network.
At West One we provide specialist lending solutions to property professionals through the intermediary market, offering a comprehensive portfolio of specialist buy to let products tailored to meet the needs of both new and professional landlords either through individual names or through limited company.
Our key commitment is to provide a speedy service which is supported by our online broker portal, a dedicated team of experts to offer help for those complex cases, and a can do manual approach to underwriting which allows us to reduce processing times enabling delivery on our speedy service commitment for you and your client.
What are some of our USP’s?
- No minimum income level or evidence needed (except to establish tax banding);
- Max age at application 80 years old;
- Newly formed Ltd. company / SPVs acceptable with no minimum trading period;
- No rate loading for Ltd. company applications;
- First time landlords including for HMO’s considered – must own main residence;
- HMO up to 10 bed;
- Product ranges covering clear credit history and minor blips;
- HMO, MUB’s, Expat, Short Term / Holiday let and Student lets considered;
- Corporate lets up to 60 months considered;
- Portfolio exposure limit up to £5m with West One;
- Unlimited portfolio size;
- Rental ICR from 125% for base rate tax band and ltd company up to 140% for high/ additional tax band, at payrate on all 5 year deals or 5% on 2year deals.
Contact
If you have cases to discuss or require any further information about how to register with us please follow this link: https://www.westoneloans.co.uk/buy-to-let-mortgages
Or you can contact your BDM via the broker support team on 0333 1234 556 or send an email: btlbrokersupport@westoneloans.co.uk
