West One Loans’ buy-to-let price change for holiday let and ex-pat

03 March 2021

West One Loans’ buy-to-let division has announced important price changes for two of its products which were re-introduced to the range earlier this year.

With effect from Wednesday [March 3] price reductions of 15bps apply on both the short-term let (holiday let) and ex-pat semi-exclusive products. West One BTL re-entered the holiday let and ex-pat markets in January, as part of a wider product launch by the specialist lender.

The price changes are part of its commitment to supporting the niche markets and will continue to be distributed on a semi-exclusive basis through some key packager partners. The products are now available for selection on West One’s broker portal.

Andrew Ferguson, West One Loans’ buy-to-let MD said: “We re-entered these markets back in January and have been pleased with the response we’ve seen. These price changes reflect our ongoing support for the products in a market where we see great potential.

“It follows on from a very busy start to the year for West One’s buy-to-let team, which has included the launch of new products and a new funding agreement which means we’re able to offer more choice to brokers and their clients, broadening our proposition still further.

“Whether it’s first-time landlords, portfolio landlords or clients who need to fund a more niche transaction in the current market, such as holiday lets, we are here to support.”