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
New Residential Products and Rates
West One have new two-year and five-year fixed rate mortgage products available within their Platinum, Prime Plus, Prime and Near Prime Product Ranges. West One – Same Criteria, service and reliability, NEW residential products, and rates!
Details of the latest criteria and rates can be found here: https://www.westoneloans.co.uk/residential-mortgages#product-guide
Residential rates start from 6.84%!
Important Buy-to-Let Product Changes
We are making changes to our 1st Charge Buy-to-Let fixed rate products. The revised fixed rate product range will be available for selection on our broker portal from Tuesday 25th July 2023.
Please note that we are decreasing fixed rates across our core product range, including Holiday Let, Expat and Large HMO/MUFB products.
A summary of some of the changes are noted below:
Product Changes
- Standard W1 Five-year fixed from 6.44%
- Specialist W1 Five-year fixed from 6.64%
- Standard W2 Five-year fixed from 7.49%
- Specialist W2 Five-year fixed from 7.69%
All other fixed rate products decreased by 45bps.
All existing fixed rate products withdrawn with effect from close of business Tuesday 4th July 2023.
Introduction of NEW 2-year fixed rates on our Holiday Let, Expat and Large HMO/MUB product with pricing from 6.89%.
New Product Guide
An updated product guide incorporating these changes is available here.
Pipeline
Registration
If any of your colleagues would like to register to become an introducer to West One BTL, please provide them with this link:
Please get in touch if you would like any support or training on submitting a case and we will arrange a training session.
If you have cases to discuss or require any further information, please contact your BDM or the broker support team on 0333 1234 556 or email [email protected].