West One Loans is to offer a range of second charge mortgage lending products, as part of its expansion into longer-term lending and broadening of its overall specialist offering.

It will include second charges on both residential and buy-to-let properties and a range of product options.

Over recent months, West One has added an experienced second charge team, led by Paul Simpson, Ed McAra and Marie Grundy.

West One has refined its second charge proposition through a pilot programme and will launch its products to the wider intermediary market during the third quarter of 2017, initially through master brokers. The move is underpinned by new lending systems and broker portal.

Grundy, sales director at West One Loans, said: “We are hugely excited about extending our product reach to include second charge mortgage products.  Our proposition will deliver an extensive range of second charge mortgage solutions, built upon West One’s solid reputation for taking time to understand individual borrower’s needs, and combined with an in-depth understanding of the seconds market. This means we can cater for borrowers who require a bespoke approach to lending, including those who are currently underserved, such as the self-employed, older borrowers and those with less-than-perfect credit histories.

“West One’s proposition will be supported by innovative lending and broker portal systems, designed from a broker’s perspective to ensure that our broker partners can meet all the demands of the regulated advice and packaging process, with upfront decision-making and streamlined document production.”