West One Loans has announced the formation of ‘Premier Loan Team,’ a group of experienced underwriters who will focus on large loans and complex cases.
Specifically, the team will deal with loans consisting of £750,000 or more across the lender’s entire range of products, which includes commercial, both regulated and unregulated residential, and prime unregulated bridging loans. The specialist team will serve intermediaries and borrowers.
West One Loans managing director Stephen Wasserman says: “We’ve worked hard over the years to create a reputation for being easy to work with, particularly for large and complex cases – and the new Premier Loan Team reflects this ongoing commitment. Our average turnaround time from enquiry to completion is just two weeks, for example.
We’ve supported many borrowers with loans up to £10m and understand the intricacies of getting large loans over the line. While there is lots of talk about the housing market slowing and fears over Brexit, we have seen demand soar through 2018.”