The firm said the reductions were applicable to all commercial products, regardless of term length, loan size or loan-to-value (LTV) tier.
Fixed rates will now start from 7.09% for semi-commercial mortgages, while commercial mortgage rates will begin from 7.69%. These are available to brokers immediately.
The move comes amid a backdrop of market unrest, largely due to the continuing turmoil in the Middle East.
Duncan Abraham, regional director at West One Loans, said: “By reducing our commercial and semi-commercial rates across the board, we’re making it easier for brokers to place deals that work for their clients, offering sharper pricing alongside the same high level of service.
“Demand remains strong in the commercial sector, and this move underlines our continued competitiveness, particularly in complex and time-sensitive transactions.”
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