West One cuts BTL rates by 15bps

As a result, the lender’s core two and five-year fixed rate BTL mortgages are available from 2.49% and 4.44% respectively.

Elsewhere, the lender has also cut rates on its BTL limited edition range by up to 11bps.

On the limited edition range, the rates for the two and five-year fixed rate BTL mortgages are now available from 3.68% and 4.23% respectively.

Andrew Ferguson, managing director of BTL (pictured above), commented: “Swap rates have been relatively stable of late, which has given us the platform to sharpen up our range, something we always aim to do at the earliest opportunity.”

“We’ve no doubt that these reductions significantly improve our competitiveness and make our range even more attractive to brokers and potential borrowers.”