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
Important Product Changes
We are making changes to our 5-year Limited-Edition 1st Charge BTL fixed rate product range. The revised fixed rate product range will be available for selection on our broker portal from Wednesday 4th October 2023.
A summary of some of the changes are noted below:
Product Changes
10bps increase across all 5-year fixed rates
Rates are now starting from:
- 4.78% Standard 5-year Fixed
- 4.78% Specialist 5-year Fixed
All existing 5-year Limited-Edition Standard and Specialist Fixed rate products withdrawn from close of business today, Tuesday 3rd October 2023.
New Product Guide
Pipeline
Where a product rate has increased the case needs to be offered by close of business Wednesday 8th November 2023. In order to meet this deadline, it is advisable to ensure the application, along with application and valuation fees, are submitted promptly so the case can begin the underwriting process.