West One begins buy-to-let lending in Scotland

West One Loans' buy-to-let division has started lending on Scottish properties for the first time.

The move means brokers with clients looking to purchase or remortgage a buy-to-let in Scotland can now access the lender’s range of first charge products.

Previously, the lender’s buy-to-let range was only available to landlords buying or remortgaging buy-to-lets in England and Wales.

West One’s range caters for a range of amateur and professional landlords and is available exclusively through intermediaries, with rates starting from 2.59%.

Andrew Ferguson, managing director of buy-to-let at West One Loans, said: “Entering the Scottish market is an exciting milestone, and we believe Scotland’s dynamic housing sector, supported by nearly 238,000 buy-to-let landlords, presents significant opportunities for us as a lender.

“While competition is strong, we believe our market-leading products, flexible criteria and commitment to tailored underwriting will be warmly received by brokers and landlords across the country."

Jez Quinn, head of sales for the North, commented: “This is a huge step forward for us and we’re keen to make an instant impact on the Scottish market.

“The buy-to-let market is more complex than ever and intermediaries need a flexible, solution-focused lender they can trust – we’re here to be that lender for brokers.

“We’re taking this move very seriously, which is why we have a dedicated northern based field BDM, Rick Davey, plus office support to ensure West One provide Scottish brokers with expert support on criteria and case enquiries.”