West One achieves record lending in November

Michael Lloyd

December 4, 2019

Specialist lender West One Loans has lent over £100m through November, a new record for the firm.

Its short-term lending reached more than £79m in the month with second charge, development finance and specialist buy-to-let products making up the remainder.

Danny Waters, chief executive of Enra Group, West One Loan’s parent company, said: “What a fantastic month.

“It’s particularly pleasing because the performance is now being driven by both our long-established products like bridging and second charge as well as our more recently launched products like development finance & specialist buy-to-let.

“In the face of continuing Brexit uncertainty West One’s credit appetite remains cautious, but by focussing on our distribution relationships and great customer service we’re continuing to see business come in at record levels.”

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