MCI mortgage club has announced that the bridging and buy-to-let (BTL) divisions of West One Loans have joined its lender panel.
West One’s bridging arm provides loans for a wide range of borrower needs, with bridging loans available for property refurbishment, semi-commercial and commercial assets, auction purchases and acquiring land with or without planning permission. There are first and second charge loans and all of them have no early repayment charges.
The lender’s BTL offering caters for both amateur and professional landlords either as individuals or through a limited company.
Loans are all manually underwritten and are available for houses, leasehold flats, maisonettes and new build properties. West One also specialises in complex transactions such as HMO/MUFBs, holiday lets and will consider ex-pat applicants.
Head of the MCI Club, Melanie Spencer, commented: “West One is a great addition to our lending panel as it offers a wide range of bridging and BTL options for our members. It shares with us our dedication to state-of-the-art technology with fast and flexible systems and a passion to help brokers and their clients.”
West One bridging finance sales director, Nick Jones, added: “We’re really pleased to be joining MCI at this time as the market is in a strong position and there some great opportunities. West One not only has a good range of products to deliver on those opportunities, but also service levels that will appeal to MCI’s members and their clients.”
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