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
We’ve raised the bar & dropped the rates! – RESITENTIAL MORTGAGES
We’re raising the bar in residential mortgages, and we’re excited to announce pricing reductions across our residential mortgage range with rates reduced by up to 0.30%.
At West One, our residential mortgages are designed to help offer solutions for borrowers who could benefit from an individual approach to underwriting for mortgage customers without relying on credit scoring.
Overview of the changes:
Core Products – Offering income multiples up to 5 times income (Including first time buyers):
- 2 yr fixed rates now starting from 5.39%
- 5 yr fixed rates now starting from 5.54%
LTI Boost Range – offering income multiples over 5 times income (Including first time buyers) where minimum household income is at least £50,000
- 2 yr fixed rates now starting from 5.79%
- 5 yr fixed rates now starting from 5.94%
Extra range – offering LTV’s up to 97.5% with LTI’s up to 6.5 times income as standard plus AVM’s for purchases and remortgages up to 85% LTV.
- 2 yr fixed rates now starting from 6.67%
- 5 yr fixed rates now from 5.94%
Shared Ownership Products offering up to 100% loan to share value:
- 2 yr fixed rates now starting from 6.24%
- 5 yr fixed rates now starting from 6.09%
Right to Buy Purchases up to 100% of discounted purchase price
- 2 yr fixed rates now starting from 6.54%
- 5 yr fixed rates now starting from 6.49%
For more information on our reduced rates and residential offering, click below to view our updated product guide.