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
Key BTL Firm – Advanced Notice of Price and Criteria Changes
We are delighted to share that we will be announcing some further product reductions later on today – where the headline 2 year fixed rate will be 4.19% and the headline 5 year fixed rate will be 4.44%.
In other great news we are happy to share that with immediate effect our offer validity period is moving back to 90 days.
Lastly you may have seen that we have reduced the stress rate on our 2 year and variable rate deals to 6.5%. We have variable products at the moment with no ERCs and this reduction in stress rate will mean that even more deals will fit DSCR.