Knowledge Bank adds West One Loans BTL criteria to platform | Mortgage Strategy

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Knowledge Bank has added West One Loans buy-to-let criteria to its search platform.

West One revamped its buy-to-let lending benchmarks last month and they have now been included on Knowledge Bank’s platform, which includes over 135,000 individual pieces of criteria covering more than 270 lenders.

West One’s BTL managing director Andrew Ferguson says: “As a lender that prides itself on utilising technology to ensure a seamless product journey, partnering with Knowledge was a complete no-brainer.

Knowledge Bank is an essential tool for brokers to find lenders’ criteria, and adding our parameters will help grow awareness of our industry-leading range so we can continue our growth in the sector.”

Knowledge Bank founder and chief executive Nicola Firth adds: “Having West One’s comprehensive range of buy-to-let products on our platform is a great benefit to brokers. They are a trusted lender and the team’s flexible underwriting approach and customer service ensures brokers get quick decisions.

Our industry-leading criteria insights have shown strong interest from brokers searching for ‘first-time landlords’, so West One’s range will be a valuable addition for brokers working with the growing number of new landlords joining the sector.” 

Last September, the lender launched a green BTL suite of products as part of a series of environmental products it is developing across its entire loan range

The move was part of the specialist lender’s new green campaign, called Funding the Future, supported by its parent company Enra Specialist Finance.

The green BTL product range is available on West One’s broker portal for standard properties with an energy performance certificate rating of A to C.

Rates start at 65% LTV and 70% LTV with two-year and five-year fixed rate options available, from 3.04%, with a 1.25% fee.

Loan sizes begin at £50,000 up to a maximum of £1.5m and although not available for new build properties, conversions are permitted.


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