West One announces rate reductions across commercial and semi-commercial products
West One Loans has announced a rate reduction across its entire commercial and semi-commercial mortgage range. The rate cut applies to all commercial products, regardless of loan size, LTV tier, or term length.
As a result, fixed rates on semi-commercial mortgages now start from 7.09%, while commercial mortgage rates start from 7.69%. These revised rates are available to brokers with immediate effect.
This pricing update comes against a backdrop of continued volatility in the mortgage market, driven by a range of external economic factors.
Commenting on the announcement, 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.”