West One would like to inform you that we have made two significant changes this week to our Residential and Buy-to-let offering. Residential rates have been reduced, and we’ve also added a new 65% LTV option. Our Buy-to-Let offering includes 1st Charge BTL fixed rate product range has seen changes of up to 15bps on selected products, with Buy-to-Let rates now starting at 3.09%.
Highlights of changes below.
Residential Update
We are glad to announce that starting from May 22nd, we will be implementing new reduced mortgage rates.
Introducing a new 65% LTV option across our Prime Plus, Prime, and Near Prime products, with reduced pricing available for both fixed and lifetime tracker products.
- 5-year fixed rates starting from 5.87%
- 2-year fixed rates starting from 6.35%
- Lifetime tracker products starting from 2.30% above BBR
Buy-To-Let Update
We are updating our 1st Charge BTL fixed rate product range, which will be accessible on our broker portal starting May 21st, 2024. The modifications impact both our Limited-Edition and Core product ranges.
Here are some highlights of the changes:
- 2-year fixed rates now starting from 3.09%
- 5-year fixed rates now starting from 4.15%
Various fee options are offered across the product range, tailored to each specific product. Fees range from 2.50% to 9.99%, allowing clients to choose based on their unique circumstances.