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 launches residential and buy-to-let mortgages in Northern Ireland
We are pleased to announce that West One has expanded its Residential and Buy-to-Let mortgage offering into Northern Ireland, giving brokers access to a broader range of specialist lending solutions.
The launch supports brokers serving non-standard borrowers in a market that has historically had limited access to specialist mortgage products.
Key product highlights
- Residential – Available up to 90% LTV, with loan-to-income multiples of up to 5.5 times income as standard and maximum loans of £2.5 million. Core product rates start from 6.34% for 2-year fixed terms, 6.23% for 5-year fixed terms
- Residential – Up to 85% LTV uncapped LTI available through our LTI boost product range with rates starting from 5.64%
- Residential – Variable rate mortgages are available from 5.60% (BBR + 1.85%) on the 2-year Discounted Tracker product with ERCs only applicable in Year 1
- Buy-to-Let – Available up to 75% LTV, with maximum loans of £2 million
- Buy-to-Let portfolios– Also considered up to £15m
- Specialist support: Consideration for cases including minor credit issues, consumer buy-to-let, portfolio growth, limited company lending and non-standard property types
This expansion enables West One to support brokers and borrowers across the UK and provides additional options for cases that may not meet high street lending criteria.