West One Loans is developing a series of green products across its entire range, and has started with buy-to-let deals.

The move is part of the specialist lender’s new environmental campaign, called Funding the Future, supported by its parent company Enra Specialist Finance.

The green BTL product range is available on West One’s broker portal for standard properties with an energy performance certificate rating of A to C.

Rates start at 65% LTV and 70% LTV with two-year and five-year fixed rate options available, from 3.04%, with a 1.25% fee.

Loan sizes begin at £50,000 up to a maximum of £1.5m and although not available for new build properties, conversions are permitted.

West One Loans BTL managing director Andrew Ferguson says: “The green product is a great addition to our range and will appeal to investors and landlords looking to upgrade older properties in particular.

“It’s an important step in terms of bringing those properties into line with the standards required for a more sustainable and carbon neutral property market.

“We will continue to expand our product range in the coming months, while maintaining the same high standards of underwriting, customer service and reliable delivery that intermediaries and clients already enjoy from West One.”

Enra Specialist Finance chief operating officer Stephen Hogg adds: “This campaign launch is about taking responsibility for the changes we can make to have a positive impact on sustainability and carbon reduction, within the property and housing markets.

“We know we cannot change the whole market alone, but we want to make a positive impact where we can.

“Our campaign, Funding the Future, is focused on promoting sustainability through West One, and the launch of the green product range is an important part of our overall environmental, social, and governance strategy.”