Last week, the firm relaunched two-year variable residential and buy-to-let mortgages.
The fixed rate residential products are available for first-time buyers, homemovers and remortgagors, including capital raising for debt consolidation.
Maximum loan sizes of up to £2m can be accessed and rates start from 8.09 per cent for a two-year term and 7.69 per cent for a five-year term.
The deals can be secured at 75 per cent loan to value (LTV) and 85 per cent LTV and are available at all adverse tiers.
The buy-to-let range is eligible for amateur and professional landlords, and for those wanting to purchase or remortgage houses in multiple occupation (HMO) and multi-unit blocks.
Loans of up to £1m can be accessed and flats above commercial units, ex-local authority flats, HMOs and MUBs are eligible.
Two-year rates begin from 7.49 per cent, with an LTV up to 80 per cent and 75 per cent for expats.
West One Loans adds five-year fixed rate resi deals
West One Loans has released a selection of residential five-year fixed rates starting from 6.95 per cent.
The products are aimed at borrowers who are “underserved by high street lenders” and is open to first-time buyers, homemovers and remortgage customers. Those with a less than perfect credit score and don’t meet standard income criteria can be eligible.
Marie Grundy, managing director of residential mortgages and second charges at West One, said: “We have been delighted with the launch of our first residential range of mortgages and it is great to introduce valuable new additions so soon after our entry into the market. We launched during a challenging period but the reception we have had from our distributors and brokers has been fantastic.
“This new range of limited edition five-year fixed rates is the next step in the evolution of our proposition and, with rates starting at 6.95 per cent, we are confident they will be warmly received by the market.”
She continued: “We have ambitions to become the leading provider of residential mortgages for individuals underserved by mainstream lenders, so we will continue to work closely with our distribution partners to ensure we offer exactly what brokers and borrowers are looking for.”
