West One cuts rates and introduces e-signatures in buy-to-let range
Specialist lender West One has announced rate reductions of 0.30% across its entire buy-to-let mortgage product range.
The specialist lender’s standard property range and small HMO and multi-unit freehold blocks up to 3 units now offers two-year fixed rates starting from 3.69% and five-year fixed rates from 4.39% with medium and large HMO’s and multi-unit freehold blocks now starting from 3.94%.
The complex range which offers a range of products for foreign nationals based overseas, ex-pats and first-time buyers now starts from 4.09%.
The lender has also introduced acceptance of e-signatures on buy-to-let mortgage deeds across both first and second charge lending, a change designed to streamline the completion process and support faster transactions, including potential same-day remortgages.
Marie Grundy, managing director of Mortgages at West One, says, “These changes reflect our continued focus on delivering a highly flexible and timely lending proposition. By reducing rates and implementing improved processes through the introduction of e-signatures for mortgage deeds, we are not only supporting a wider range of borrowers, but we are also focusing on delivering best in class service for our customers and intermediary partners. Our aim is to ensure brokers have the tools they need to place both simple and complex cases quickly and efficiently in a changing market.”