West One agrees tie-in with Tenet Group

The partnership means West One can supply first and second charge bridging finance, including regulated loans, directly to Tenet members, without the need for a packager.

The lender specialises in complex and higher value loan cases. It recently revealed ambitious growth plans after it posted record levels of lending in June and has said it will offer development finance next year.

West One also added long-term second charge mortgages to its suite of bridging finance products, and announced it was doubling its sales force to expand its support services for intermediary partners.

Marie Grundy (pictured), sales director at West One Loans, said: “We are delighted to partner with Tenet and are excited to be working with a thought leader in the intermediary market to offer its brokers and clients an even broader range of bridging options to suit their financial needs.”

Martin Greenwood, chief executive of Tenet Group, added that access to more specialist products was an essential part of fulfilling end-consumer needs. “West One Loans will be a welcome addition for our members and their clients,” he said.