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
Buy-to-Let Update: Important Product Changes
We are making rate reductions on a selection of our Core 1st Charge Buy-to-Let fixed rate product range with effect from close of business, 13th March 2024. The revised fixed rate product range will be available for selection on our broker portal from tomorrow, Thursday 14th March 2024.
A summary of some of the changes are noted below:
Product Changes Highlights:
- 10bps reduction on small HMO/MUB with rates from 2.84%
- 15bps reduction on Expat range with rates from 5.04%
- 20bps reduction on Large HMO Complex Range with rates from 4.99%
- 15bps reduction on W2 range with rates from 5.79%
A wide range of fee options available which are product specific ranging from 2.50% to 9.99% which provides your clients with choice depending on their individual circumstances.
New Product Guide:
An updated product guide incorporating these changes is available here.
Service Levels
- Pre-submission referrals – dealt with within 2 hours
- Submitted Applications – fully underwritten and updated provided within 24 hours
Registration
If any of your colleagues would like to register to become an introducer to West One Buy-to-Let, please provide them with this link: