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West One makes changes to seconds range

Ryan Fowler

May 5, 2020

West One has made a number of changes to its second charge range including the reintroduction of buy-to-let second charge products.

Applications from self-employed borrowers up to 75% are now accepted whilst AVM’s are available up to 65% on Apex 1 plans.

Restrictions on acceptable loan purposes have been removed.

Marie Grundy (pictured), sales director for West One, said: “I am extremely proud that West One has continued to support the second charge market during turbulent times.

“This latest set of changes validates our commitment to our broker partners seeking to support those customers who are able to demonstrate long term affordability.

“We have always looked for opportunities to provide access to products for underserved borrowers, with our buy to let second charge range being a great example of this, but this takes on increased significance at a time when product options across the sector are in shorter supply.”

Mark Fry, managing director of CSC Loans, added: “The changes West One have made are extremely positive which will create more opportunities for homeowners and landlords to access second charge finance at a time when product availability is restricted.

“It is even more impressive that as a non-bank lender West One have been at the forefront of specialist lending during these exceptional times, and continue to deliver innovative and well-designed products to meet the needs of a wider range of borrowers.”


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