Specialist lender West One Loans has reduced the rates for its limited edition buy-to-let products by up to 100 basis points.
The price of a five-year fixed rate in the W1 limited edition range starts at 5.45 per cent for landlords with standard properties and 5.54 per cent for those with specialist properties.
The equivalent two-year fixed rates both start of 5.5 per cent for landlords standard and specialist properties.
For non-portfolio landlords, which is defined as having three or less properties, rates for a two and five-year fixed rates start from 5.39 per cent and 5.4 per cent respectively.
Andrew Ferguson, managing director of West One’s buy-to-let division, said: “We are moving quickly to pass on these rate reductions as the outlook for inflation and swap rates begins to improve.
“The market has been through a tumultuous period and it has made life difficult for landlords, intermediaries and lenders alike.”
He added: “We are very pleased to be back in a position to reduce our rates and to offer landlords a more competitive range of lending options.
“The strength of the business coupled with its flexible, responsible approach to lending is what makes this possible. Whatever the market has in store, we will be here to support landlords as much as we can.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
