West One has revamped its BTL product range.
The refreshed product offerings include rates now starting from 3.34%.
The specialist lender has also introduced two new product ranges, W1 and W2.
The W1 range is for clients with clean credit profiles, while the new W2 products will mirror the previous Apex 0 offering, which have now been retired and replaced.
The new W1 plan’s adverse criteria are as follows:
The adverse criteria for W2 will mirror the previous Apex 0 product.
The maximum single loan size has been increased to £1m up to 75% LTV on both standard and specialist W1 & W2 plans.
In addition, the maximum loan term has been reduced to 25 years (previously 30 years).
All of the existing limited edition products and expat availability have now been withdrawn.
Cases keyed on the portal prior to this will be honoured where required on the current product range, subject to minimum application requirements and the £150 app fee being received by close of business on 9th November 2020.
