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 pleased to confirm some exciting enhancements to our product range available from today, Tuesday 17th of May 2022. The revised product range will be available for selection on our broker portal from this date.
A summary of the changes is noted below:
Product changes
- New Lifetime Tracker Standard W1 products with lower rates starting from 2.09% + BBR.
- New Lifetime Tracker Specialist W1 products with lower rates starting from 2.34% + BBR.
- Lifetime Trackers now available with ERC options including over a two-year term at 2% / 1%.
Pipeline
Any deals on the withdrawn Lifetime Tracker range must have the application submitted and any fees paid by close of business Friday 20th May 2022 to secure the product. Then all requested outstanding documentation for these cases must be received by close of business Friday 17th June 2022.
New Product Guide
An updated product guide incorporating these changes is available here.