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West One enters second charge market

West One Loans has today announced entered the second charge mortgage market.

West One has entered a pilot with selected brokers. It will launch its products to the wider intermediary market during the third quarter of 2017, initially through master brokers.

The move is backed by new lending systems and broker portal and is part of West One’s expansion into longer-term lending.

West One Loans sales director Marie Grundy says: “We are hugely excited about extending our product reach to include second charge mortgage products.

“West One’s proposition will be supported by innovative lending and broker portal systems, designed from a broker’s perspective to ensure that our broker partners can meet all the demands of the regulated advice and packaging process, with upfront decision-making and streamlined document production.”

Sourced from: Mortgage strategy