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
We’re challenging mortgage brokers around the UK to test our Affordability calculator and see how much more clients can borrow with West One!
Try Our Affordability Challenge
West One offers Residential Mortgages that boosts affordability!
- Multiple LTI boosting products: 5x LTI on Core products, 6.5x LTI in our Extra product range, and Uncapped LTIs possible where the household income is £50,000 or more on our LTI Boost product.
- Up to 100% of regular bonuses/overtime/commission and second job income accepted.
- Lending Into Retirement: We use current earned income for borrowers over 10 years from retirement up to age 85 at the end of the term.
- Interest-Only mortgages available with affordability assessed on the interest-only payment alongside minimum income of £15,000, minimum equity of £150,000 where downsizing and 75 as maximum age at the end of the term.
- Loan terms up to 40 years with 85 as maximum age at the end of term.
- Remortgages with Debt Consolidation: accepted up to 97.5% LTV alongside 6.5 times LTI, plus debts being repaid are excluded from our affordability assessment.
- Self-Employed borrowers: We use the latest SA302 for affordability assessment wherever possible.
- For purchases: Low minimum deposit required of just 2.5%.
- Shared Ownership mortgages up to 100% LSV, and Right to Buy mortgages up to 100% of the discounted purchase price.
We’re confident that we can help your client borrow more than most high street banks, building societies and specialist lenders.
Put us to the test today. Take the Affordability Challenge.
Our calculator will ask for few quick details and takes less than three minutes to complete.