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
Buy-to-Let: Important Product Changes
We are pleased to announce the launch of a new range of 2 & 5-Year Fixed rates products for Standard and Specialist range at 65% and 75% loan to value. With rates starting from 6.74% and rental calculation available at payrate on 5 year fixed products.
In addition, W2 credit options for our 2 & 5-year core fixed Standard and Specialist products at 65% loan to value maximum will also be available, allowing for some recent minor credit issues.
A summary of the changes is noted below:
Product Changes
- New 2 & 5-year Fixed rates up to 75% Standard W1 range with rates starting from 6.74% at 65%
- New 2 & 5-year Fixed rates up to 75% for Specialist W1 range with rates starting from 6.89% at 65%
- New 2 & 5-year Fixed at 65% Standard W2 range with rates at 6.99%
- New 2 & 5-year Fixed at 65% Specialist W2 range with rates at 7.14%
- New 5 year fixed rates available for Expat, Holiday Let and Large HMO/MUB applications at 75% loan to value