Enra Specialist Finance has signed a £250m mortgage forward flow agreement with JP Morgan.

The deal sees Enra agreeing to sell future buy-to-let mortgages originated through West One Loans to the American investment bank giant.

Late last month, West One Loans became the first specialist lender to join the Society of Mortgage Professionals and later went on to join Sesame Bankhall Group’s lending panel.

Enra chief executive Danny Waters says: “This collaboration allows us to further develop our West One BTL offering in line with our 2021 objectives and solidifies our position within the market as a large, well-resourced, leading specialist lender.”

And JP Moran managing director in securitised products Eric Wragge adds: “We are pleased to have worked with Enra on this transaction to help scale its footprint in the BTL arena and look forward to watching its continued growth as a specialist lender.”