Lender offers lower rates and fast-track options
West One Loans has announced a suite of rate cuts and new product launches across its residential and buy-to-let (BTL) mortgage ranges, aiming to bolster broker offerings amid a shifting economic and regulatory landscape.
The specialist lender has reduced residential mortgage rates by up to 30 basis points (bps) on selected products. Two-year fixed rates now start from 5.69%, while five-year fixed rates under 85% loan-to-value (LTV) have been lowered by 15bps, starting from 5.74%.
Alongside these cuts, West One has launched a new £1,000 cashback remortgage product, available on five-year fixed terms for loans starting at £75,000. The offering is intended to help offset additional stamp duty costs and to appeal to remortgage customers.
To further enhance its residential mortgage proposition, the lender introduced an Extension of Valuation Refund product, providing two- and five-year fixed rate options across all LTV brackets. This product includes fee-free remortgaging options and is compatible with West One’s free fast-track remortgage service, which enables next-day completions.
West One also introduced changes to its first charge BTL mortgage range, cutting rates by as much as 60bps on two- and five-year fixed products, with new rates starting from 1.69%. These adjustments aim to give brokers more competitive tools to serve landlords navigating a changing property letting environment.
“We recognise the importance of agility in the current environment,” said Paul Huxter, head of intermediary sales and distribution at West One. “The reduced residential rates and new product launches are designed to support brokers in offering greater choice and value to a broader spectrum of clients.”
On the BTL revisions, Huxter added: “We’ve seen a growing need to equip brokers and landlords with financing solutions that help them stay ahead of legal and regulatory changes. We know landlords are navigating a complex and shifting landscape, and we’re responding with pricing that strengthens their ability to invest with confidence.”
West One Loans is part of Enra Specialist Finance and provides a wide range of property finance solutions, including bridging finance, development loans, and long-term residential and BTL mortgages.
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