Several new products have been launched as part of West One Loans’s buy-to-let (BTL) product range, including seven-year fixed payrate products and a new lifetime tracker range.

All of these products are available for both standard and specialist properties, with LTVs ranging from 65% to 75%.

The standard seven-year fixed product is priced from 3.44% with a 1.5% fee.

For the specialist range, designed to finance complex transactions such as HMOs and MUFBs, the rate increases to 3.64% and a 2% fee.

The lifetime tracker range will have no early repayment charge and, for standard properties, is priced from 3.75% with a 1.75% fee.

For specialist properties, this increases to 3.85% and 2% respectively.

West One Loans director of BTL Andrew Ferguson says: “Our continued focus on service delivery aligned with these new products mean we are well placed to support our broker partners and their landlord clients.

“There is strong demand in the buy-to-let market and more and more landlords are looking for longer-term mortgages, and the seven-year products we are now offering gives them that option.”

This is the latest change to West One’s BTL range.

In November 2021, the lender trimmed rates on green BTL rates by up to 15 basis points and launched new deals for standard properties and those in multiple occupations.