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West One celebrates record month




West One Loans has announced it managed to lend £54m across its residential and commercial properties during November.

The bridging lender enjoyed a record month boosted by a £5.6m bridge for Lambert Smith Hampton for a development site with residential planning permission in south London.

The news also comes after West One’s parent company Enra Group was named 23rd in the Sunday Times Fast Track 100. 

Meanwhile, last month, Exponent Private Equity reached an agreement to acquire a majority stake in Enra Group. 

That investment is expected to allow Enra Group to expand further into the second charge mortgage sector and the specialist buy-to-let space.

Stephen Wasserman, managing director of West One Loans, said it was proud to be at the forefront of the industry and boosting the availability and competitiveness of specialist financial options.


“In today’s market, we pride ourselves on delivering competitive short-term finance on a fast turn-around basis. 

“Our expertise and market understanding enables property transactions to complete which may otherwise fall by the wayside, especially when high street players have less flexibility and potential to compete. 

“In the case of Lambert Smith Hampton, being able to work closely with Nick and his team in a flexible and constructive way, exemplifies what can be achieved.”

The funding for commercial property consultancy Lambert Smith Hampton will allow it to cover re-marketing and re-sale costs after a previous buyer pulled out of the sale.

Nick Russell, director of property finance at Lambert Smith Hampton, added: “In today’s marketplace, it’s vitally important that we can work with lenders who can respond to our needs in the timeframes we require. 

“The speed, flexibility and professionalism demonstrated by West One Loans allowed us to bridge the funding gap to ensure the deal went through.”

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