West One adds seven-year and lifetime tracker buy-to-let mortgages



West One Loans has added a selection of buy-to-let products for investors, including seven-year fixed rate at 3.44% with a 1.5% fee to 75% loan-to-value.

There is also a specialist version of the mortgage, 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 are also available from 65% up to 75% LTV with 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.

Andrew Ferguson, managing director of buy-to-let at West One, said: “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.

“There is strong demand in the buy-to-let market and more and more landlords are looking for longer-term mortgages, and the seven-year products we are now offering gives them that option.

“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 re-mortgage they require.”

West One’s buy-to-let division has expanded distribution over the last year, while it focuses on complex transactions such as large portfolios, large block exposures, HMO/MUFBs, holiday lets and will consider ex-pat applicants. Loans are all manually underwritten and are available for houses, leasehold flats, maisonettes, and new build properties.

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