andrew ferguson

West One launches limited edition BTL products

West One has introduced a new, limited edition range of BTL products available to broker partners and landlord clients.

It includes two five-year fixed-rates products, offering rates of 3.39% up to 65% LTV, and 3.44% up to 70% LTV, available on its W1 standard range.

Both products come with a 2% fee.

Clients may borrow up to £500,000 on properties with a maximum value of £800,000.

There is a limit of two loans per borrower on this range, with an overall maximum exposure per customer is £1.5m across all product ranges.

This follows the lender’s launch of its core range for standard and specialist products launched in October.

Andrew Ferguson, MD for BTL at West One (pictured above), said: “Demand from landlords remains strong at the moment, as they seek to maximise the window of opportunity created by the preferential stamp duty position. 

“These products are competitive and, combined with our specialist expertise and strong service proposition, should prove attractive for brokers concerned about meeting deadlines."

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