West One Loans adds to BTL range

West One Loans has added new seven-year fixed pay-rate products and lifetime tracker products to it buy-to-let (BTL) range.

The new products are available for both standard and specialist properties.

West One’s buy-to-let division specialises in complex transactions such as large portfolios, large block exposures, HMO/MUFBs and holiday lets.

All the new products are available from 65% up to 75% LTV and the standard seven-year product is priced from 3.44% with a 1.5% fee. The lender suggested that the specialist range is designed to finance more complex transactions such as HMOs and MUFBs and confirmed that the the seven-year product is priced from 3.64% with a 2% fee.

The lifetime tracker products are also available from 65% up to 75% LTV and have no early repayment charge. The offering for standard properties is priced from 3.75% with a 1.75% fee while the specialist offering is priced from 3.85% with a 2% fee.

Director of West One’s BTL division, Andrew Ferguson, said: “Our continued focus on service delivery aligned with these new products mean we are well placed to support our broker partners and their landlord clients.

“There is strong demand in the BTL market and more and more landlords are looking for longer-term mortgages, and the seven-year products we are now offering gives them that option.”

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.

Air and the role of later-life lending
Content editor at MoneyAge, Dan McGrath, spoke to the chief executive officer at Air, Will Hale, about the later-life lending industry, the importance of tailored advice and how technology and obligations have shaped the sector.


Inside the world of high net worth lending
The mortgage market continues to evolve, and so too does the answer to the question: what is a high net worth individual in today’s market? In this episode of the Mortgage Insider podcast, host Phil Spencer is joined by Stephen Moroukian, Head of Product and Proposition for Real Estate Financing at Barclays Private Bank, and Islay Robinson, founder and CEO of Enness Global. Together, they explore what brokers really need to know when supporting high net worth individuals.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.