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.
Buy-to-Let: Important Product Changes
We are writing to update you on some exciting changes to our Core product range effective from 16th February 2023. The revised product range will be available for selection on our broker portal from this day.
We are pleased to announce the launch of a revised range of Core products for Standard and Specialist borrowers.
A summary of the changes is noted below:
- Reduction of 5-year Fixed rates across the W1 and W2 ranges.
- Introduction of new 55% LTV price points, with lower rates, across most products.
- To help enable greater leverage:
– Introduction of lower rate, higher fee options across all fixed rate W1 products.
-Introduction of new Limited-Edition Holiday Let, Expat and Large HMO/MUFB products with lower rate, higher fee options.
- Withdrawal of all Lifetime Tracker products.
- Increase in 2 Year Stepped Discount Tracker rates.