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
West One Product Update
Pricing Change Notification – Second Charge Mortgages
The pricing reductions will apply to both our residential and buy-to-let second charge ranges.
The current second charge range will be withdrawn at 5pm on Monday 26th October, when the new rates go live.
Pricing Changes will be made as follows:
- Residential Core 2 and 3 year fixed rates – reductions of 30-66bps starting from 7.44%
- Residential Core 5 year fixed rates – reductions of 20-60bps starting from 7.34%
- Residential Extra 2 and 3 year fixed rates – reductions of 40-86bps starting from 7.89%
- Residential Extra 5 year fixed rates, with and without ERCs – reductions of 35-65bps starting from 7.44%
- Buy-to-Let 2 year fixed rates – reductions of 17-18bps starting from 7.59%
- Buy-to-Let 5 year fixed rates – reductions of 17-35bps starting from 7.37%
- Buy-to-Let lifetime trackers – unchanged
Offer Deadline
Fully completed mortgage applications submitted on our existing product range and current pipeline cases will be honoured providing they reach offer stage by 7pm on Friday 8th January 2027.
Internal Promotion
We are delighted to confirm that Seema Patel has been promoted into an account management role to look after our packaging partners in the South of England. Seema is looking forward to working with our Southern based brokers across our second charge, buy-to-let and residential mortgage product range.
We really appreciate your continued support and, as always, our dedicated intermediary support team are available if you have any questions or require any support.