West One Loans has launched a new range of first charge buy-to-let mortgage products, including both standard and specialist deals.
The new products are initially available through a select number of launch partners including Enterprise Finance, Vantage Finance, Brightstar, Dynamo and Connect for Intermediaries – with wider distribution in the near future.
The standard range are available to both individual and limited company borrowers secured against standard property types, whilst the specialist range caters for HMOs, MUFBs, ex-pats, holiday lets and Air BnB properties.
Products on offer by the specialist lender include twp- and five-year fixed term deals, with rates starting from 3.39% up to a maximum loan to value (LTV) of 80% and loan sizes up to £2m.
A fast track remortgage option is also available to individual borrowers remortgaging up to a loan size of £750,000.
Danny Waters, Enra Group CEO, said: “Our launch into the first charge buy-to-let mortgage market is an exciting new chapter for West One, and is the next step in our growth following the successful launch of development finance last year, and second charge mortgages in 2017.
“We are committed to providing a wider reach of specialist lending products to meet the needs of borrowers who would benefit from a common-sense approach to lending.
“Our extensive experience within the property finance market means we are well positioned to understand the complexities of the market, in addition to focusing on making the process of obtaining a buy-to-let mortgage as painless as possible.