West One Loans has set up a premier loan team to support intermediaries and borrowers who have larger and more complex bridging cases.
The team – consisting of the firm’s most experienced underwriters – will offer a bespoke, dedicated service for larger loans of £750,000 and over.
They will work across their whole product range, including commercial, regulated residential, unregulated residential and prime unregulated residential bridging loans, where rates start at 0.55% per month.
Stephen Wasserman (pictured), managing director of West One Loans, said: “We’ve worked hard over the years to create a reputation for being easy to work with, particularly for large and complex cases – and the new premier loan team reflects this ongoing commitment. Our average turnaround time from enquiry to completion is just two weeks, for example.
“We’ve supported many borrowers with loans up to £10m and understand the intricacies of getting large loans over the line. While there is lots of talk about the housing market slowing and fears over Brexit, we have seen demand soar through 2018.
“We’ve also worked hard to create competitive products, too – and with LTVs up to 75% and rates from 0.55% per month on top of our customer service, I’m really proud of everything we are doing here at West One Loans.”
