West One Loans completes over a quarter of all UK bridging loans

West One Loans, the privately funded bridging lender, has topped the latest table produced by the Association of Bridging Professionals (AOBP) detailing which bridging lenders completed the most cases in January 2011.

West One Loans completed a market-leading total of 28.23% of all bridging loans in January 2011, up from 21% in December 2010.

In addition to completing the most deals, West One Loans also came second in the AOBP figures for size of deals completed, achieving over a quarter (25.5%) of the total in terms of loan size for January 2011.

The latest figures from the AOBP reflect the rapid growth and popularity of West One Loans as increasing numbers of brokers are attracted by their ability to provide fast, flexible and highly competitive bridges.

Commenting on the news, Duncan Kreeger, Chairman of West One Loans said: “West One Loans is currently experiencing rapid growth due to the flexibility and speed afforded by our unique funding model of private investment. As well as increasing numbers of new brokers being attracted to us, we are seeing a lot of repeat business as brokers recognise the unrivalled service levels they receive when they deal with West One Loans.

“Our growth is being supported by high calibre additions such as our new Business Development Manager, Manish Babla further boosting the high levels of bridging and finance experience within the West One Loans team.

“As well as topping the table for number of deals completed, we are also confident that we will soon top the table for size of loans completed, being one of only a small number of lenders who have the ability to lend over £1m to borrowers.”

For more information, visit westoneloans.co.uk.