West One brings out new BTL fixes – Mortgage Strategy

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West One Loans ha launched new two- and five-year fixes for buy-to-let (BTL) borrowing.

Available at up to 75% LTV, the standard range starts at 4.39% for a two-year fix and, for a five-year fix, 4.54%.

And the specialist offerings start at 4.59% for a two-year fix and 4.74% for a five-year fix.

The maximum loan size for each is set at £1.5m.

West One manging director of its BTL division Andrew Ferguson says: “Although the economic outlook has improved somewhat in recent months, we are not out of the woods yet.

“Landlords still face plenty of challenges and it’s important that lenders try to ease the pressure where they can, reducing rates when possible and finding solutions for borrowers who may be in need of greater support.”

Earlier this year, the lender came out with a limited edition range with boosted debt service coverage ratio criteria.

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