West One launches seven-year and lifetime tracker BTL products

West One has added new seven-year fixed payrate products and a new lifetime tracker range to its BTL suite.

The seven-year fixes, available between 65%-75% LTV, are priced from 3.44% with a 1.5% fee for standard properties, and from 3.64% with a 2% fee for specialist properties, including HMOs and MUFBs.

Meanwhile, the rates for the lifetime tracker products, also available between 65%-75% LTV, start from 3.75% with a 1.75% fee for standard, and 3.85% with a 2% fee for the specialist option.

Andrew Ferguson, managing director for BTL 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 BTL market and more landlords are looking for longer-term mortgages — 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 remortgage they require.”  

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