West One Loans has cut rates in its buy-to-let (BTL) range by up to 0.15% in its second round of reductions in a month.
The specialist lender cut all 2-year and 5-year fixed rates in its core range by 0.15%.
From today (2nd December), West One’s core 2-year and 5-year fixed rates start from 2.49% and 4.44%, respectively.
The Watford-based lender has also cut its buy-to-let limited edition range by up to 0.11%.
Following the reductions, the lender’s limited edition 2-year fixed rates are available from 3.68% while their 5-year equivalents are available from 4.23%.
Andrew Ferguson, managing director of buy-to-let at West One Loans, said: “We’re delighted to be able to significantly reduce our buy-to-let rates for the second time in a month, and in doing, pass on meaningful savings to landlords in what is an uncertain economic environment.
“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.”
