All products are available from 65% up to 75% loan-to-value (LTV) for standard and specialist properties
West One Loans has added new products to its comprehensive buy-to-let product range, including 7-year fixed payrate products and a new lifetime tracker range.
All products are available from 65% up to 75% loan-to-value (LTV) for standard and specialist properties.
The standard 7-year product is priced from 3.44% with a 1.5% fee. The specialist range is designed to finance more complex transactions such as HMOs and MUFBs, and the seven-year product is priced from 3.64% with a 2% fee.
The lifetime tracker products have no early repayment charge. The standard is priced from 3.75% with a 1.75% fee, while the specialist is priced from 3.85% with a 2% fee.
Read more: Specialist mortgages set to grow in 2022.
“Our continued focus on service delivery aligned with these new products mean we are well placed to support our broker partners and their landlord clients,” Andrew Ferguson, director of West One’s buy-to-let division, said.
He noted that there is now strong demand in the buy-to-let market, and more landlords are looking for longer-term mortgages.
“These new products are the latest benefit for brokers working with West One. The team already provides speed, certainty and expertise, and these new products provide even more flexibility for brokers and their clients. The team applies an individual approach to underwriting, reviewing each case on its merits and ensuring we support clients with the smooth and secure purchase or remortgage they require,” Ferguson said.
