The range is available to FTBs who are qualified and practising in a specified profession.
The range is available to 15 recognised professions offering loans to 100 per cent loan-to-value (LTV) with enhanced income multiples of five times single plus one, or 4.5x joint. Only one applicant is required to hold the professional qualification.
The range features two, three and five-year fixes and two and three-year variable rates. All rates feature a reasonable £399 admin fee that can be added to the loan.
Mark Howell, head of marketing at Bristol & West Mortgages, commented: "We know that IFAs write significant volumes of business in this sector and we have deliberately designed the product with its uncomplicated structure with them in mind to help make their lives easier, together with five highly competitive rates.
"Bristol & West Mortgages are recognised as one the leading players in the first-time buyer market, with innovative products such as First Start. We have looked at the professional market and spotted an opportunity to simplify the products that are currently available. Where our product differs from current lenders in this area is that we have kept the product design very straightforward meaning the product is easy to use and simple to understand. For example, unlike other lenders, we only have one very competitive income multiple - we haven't confused the proposition with salary bands and we offer this product to one of the widest range of professions available. I believe intermediaries will find this product range an extremely attractive alternative, and given our progress in service delivery over the past two years I am also confident that brokers will be delighted with the level of service they receive, particularly as we have recently launched our full online system."
