West One cuts residential and buy-to-let rates by up to 0.60%

Specialist lender West One has announced a range of cuts on both first charge residential mortgages and buy-to-let products.

Residential two-year fixed rates have reduced by up to 0.30% and now start from 5.69%, while a 15bps cut has been made on five-year fixed rates below 85% LTV, now starting from 5.74%.

In addition, West One has introduced a £1,000 cashback remortgage product offering five-year fixed rates with a minimum loan size of £75,000. The cashback product has been introduced to help offset additional stamp duty costs for home buyers and to support remortgage customers.

West One has also announced a new extension of valuation refund product with two or five-year fixed rates available across all LTVs and product ranges. This addition to the product range means there are fee-free options available for remortgage customers who can also benefit from the lender’s free fast-track remortgage service offering next day completions. 

In the lender's buy-to-let range, rates have reduced by up to 60bps on two and five-year fixed rate products, now starting from 1.69%.

Paul Huxter, West One’s head of intermediary sales and distribution, said: “We recognise the importance of agility in the current environment. The reduced residential rates and new product launches are designed to support brokers in offering greater choice and value to a broader spectrum of clients.

“We’ve seen a growing need to equip brokers and landlords with financing solutions that help them stay ahead of legal and regulatory changes. We know landlords are navigating a complex and shifting landscape, and we’re responding with pricing that strengthens their ability to invest with confidence.”