Below is an update from West One, the Bridging, BTL, Commercial, and Seconds Mortgage lender, that you can access via our specialist mortgage team. Contact our team today for more information.
Announcement
Major Pricing Reductions and Improved Criteria From West One Loans
We are delighted to announce we are reducing rates across our entire residential mortgage product range by 0.55% with effect from 5pm on Thursday 16th April 2026.
We are also making some major changes to our Shared Ownership product range, to support first time buyers and home movers with affordable housing options as well as enhancing our LTI Boost criteria.
Key Highlights
- 2 year fixed rates now starting from 6.24%
- 5 year fixed rates now starting from 6.04%
- Tracker products starting from 6.20%
- Right to Buy Purchases starting from 6.69%
- Shared Ownership Purchases and Remortgages starting from 6.19%
Shared Ownership Products – Major Improvements Announced
- NEW: Introduction of Premier and Platinum Shared Ownership Range to support borrowers who could qualify for higher credit tier products
- NEW: Free Valuation Product including a Free Re-Inspection for New Build Properties
- NEW: Simplified Product Range – Removal of 90% loan to share value products
- Up to 100% loan to share value products to support borrowers with a “no deposit” option
LTI Boost Product – Interest Only Now Available
Our LTI boost products, designed for borrowers requiring LTI’s above 5.0 times, can now be taken out on an interest only basis:
LTI Boost Overview
- LTI Boost caters for borrowers requiring loan to income multiples over 5.0 times income
- LTI Boost is available for borrowers with a minimum household income of £50,000
- Interest Only option is now available up to a maximum LTV of 75% with a maximum age of 75 at the end of the term
- Downsizing accepted as an exit strategy for interest only borrowers where plausibility can be evidenced and there is minimum equity of at least £150,000
Full details can be found in our updated product guide dated 16 April 2026.
Buy-to-Let Important Update: New Lower Pricing From West One Loans
We are delighted to announce we are reducing our rates by 0.30% for Buy-to-Let customers with effect from 5pm, Wednesday 15th April 2026.
Key Highlights
- 30bps reduction on Standard, Specialist and Complex product ranges
- 2-year fixed rates now starting from 3.69%
- 5-year fixed rates now starting from 4.39%
Our comprehensive range of products offers a variety of solutions for landlords, as well as providing dedicated support for portfolio landlord clients and high-value transactions through our Bespoke Buy-to-Let team.
New Product Guide
An updated product guide incorporating these changes is available here.