Lender Profile
West One Loans Secured Loans
Major UK specialist lender offering second charge alongside bridging and BTL products.
About West One Loans
West One Loans is part of Enra Specialist Finance, one of the larger specialist lending groups in the UK with active books across bridging, buy-to-let, and second charge mortgages. Their second charge division is positioned for borrowers who don't fit mainstream criteria — self-employed, complex income, and minor adverse credit.
West One's underwriting style is human-led with senior underwriters available to discuss complex cases. They lend up to £250,000 on standard second charge products with higher amounts available by referral on a case-by-case basis. Rates typically start in the high 6s to low 7s for clean credit at competitive LTVs.
Their group infrastructure (Enra) means dedicated case managers, fast turnaround on decisions in principle, and access to bridging products alongside second charge for borrowers whose case may suit a different structure.
Product range: Second charge mortgages on 2-year and 5-year fixed rates. Clean credit and minor adverse considered. Higher loans available by referral. Group also offers bridging and BTL as alternatives.
Best for
- Self-employed and complex income cases below 80% LTV
- Borrowers wanting a single lender group across bridging + second charge
- Minor adverse credit cases where mainstream lenders decline on documentation
- Standard residential borrowing up to £250,000
Key facts
- Established
- 2007 (Enra Group)
- Parent Company
- Enra Specialist Finance Ltd
- Min Loan
- £10,000
- Max Loan
- £250,000 (higher by referral)
- Max Term
- 30 years
- Max Ltv
- 80% combined
- Fee
- £995 arrangement fee (typical)
- Credit Tier
- Clean to minor adverse
- Rate Structure
- 2-year and 5-year fixed, then variable revert
- Completion
- Typically 3–4 weeks
- Property Eligibility
- Standard UK residential property. Combined LTV capped at 80%. Non-standard construction considered case-by-case.
Pros
- +Major lender backed by a multi-product specialist group (Enra)
- +Dedicated case managers — single point of contact
- +Group offers bridging alongside second charge for case flexibility
- +Strong appetite for self-employed and complex income
Cons
- −Standard max loan £250,000 — higher amounts require referral approval
- −Adverse credit appetite limited to minor tier
- −Rates not the lowest in the market for prime cases below 65% LTV
West One Loans FAQs
What rates does West One offer on secured loans?
West One Loans secured loan rates typically start in the high 6% to low 7% range for clean credit at sub-70% LTV, rising to around 9–10% APR for minor adverse cases at higher LTVs. Maximum combined LTV is 80%. Rates and product availability are subject to change — your adviser will confirm current pricing for your case before submission.
What is a representative example for a West One secured loan?
Representative example for a £30,000 secured loan over 120 months at 7.50% APR fixed for 5 years (8.20% variable thereafter): monthly repayment £356.11, total loan repayments £42,733.20, West One arrangement fee £995, Charles Frank Finance broker fee £2,495. Total amount payable £46,223.20. Total charge for credit (interest plus fees) £16,223.20. Representative APRC 8.9%. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
What property eligibility does West One require?
Standard UK residential property in the applicant's name with a current first charge mortgage. Combined LTV capped at 80% across the first charge plus any other secured borrowing including the new West One loan. Non-standard construction considered on a case-by-case basis. A property valuation is required.
Can West One lend more than £250,000?
Yes — higher loan amounts are available by referral and assessed on a case-by-case basis, considering the property value, applicant profile, and overall affordability. For very large loans (£500,000+) other panel lenders like Selina, Pepper, or United Trust Bank may also be appropriate.
Apply for a West One secured loan
We'll match your case against West One's criteria first — and the rest of our panel — to find the cheapest fit.