West One brings out new BTL fixes – Loan Technique


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

To be had at as much as 75% LTV, the usual vary begins at 4.39% for a two-year repair and, for a five-year repair, 4.54%.

And the specialist choices get started at 4.59% for a two-year repair and four.74% for a five-year repair.

The utmost mortgage dimension for every is about at £1.5m.

West One manging director of its BTL department Andrew Ferguson says: “Even though the industrial outlook has stepped forward rather in contemporary months, we don’t seem to be out of the woods but.

“Landlords nonetheless face a lot of demanding situations and it’s essential that lenders attempt to ease the force the place they are able to, lowering charges when imaginable and discovering answers for debtors who could also be wanting better toughen.”

Previous this yr, the lender got here out with a restricted version vary with boosted debt provider protection ratio standards.







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