West One completes £80m lending in record April

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  • 13/05/2019
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West One completes £80m lending in record April
West One Loans completed £80m in lending in April – a record month for the business.

 

It included new highs in second charge and bridging completions.

Second charge mortgage lending hit a company monthly high of more than £11m, with April representing the fourth consecutive month of record lending levels in the business.

This matches figures from the Finance and Leasing Association (FLA) which show that second charge lending grew strongly throughout the first three months of the year.

Bridging finance also saw record lending at West One, with almost £70m lent across its regulated and unregulated residential, commercial and bridge-to-let product range.

West One Loans managing director Stephen Wasserman (pictured) said: “This is a great achievement for the business and I’m delighted that we have been going from strength to strength since the turn of the year.”

He noted that the lender had recently hit its 1,000 second charge loan, adding that “to keep growing in the safe, responsible way that we are is a testament to the whole team.”

 

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