Below is an update from West One, the Bridging, BTL, Commercial, and Seconds Mortgage lender, that you can access via our specialist mortgage team. Contact our team today for more information.
Announcement
Removal of Signed Direct Debit Mandate
We’re pleased to let you know that with immediate effect; we’re removing the need for a signed Direct Debit mandate. We will carry out internal checks to verify the bank details. If the details cannot be verified, we will require a copy of a recent bank statement to confirm the details are correct.
This change applies to all pipeline business as well as new applications.
These developments are designed to streamline the completion journey, enhance efficiency and deliver a more seamless experience for both you and your customers.
This will also eliminate the need for printing and posting documents, ultimately helping to improve completion times.