West One Loans has reintroduced a range of two-year fixed rate products to its second charge range. 

The rates for residential customers start from 7.89% while pricing for its buy-to-let (BTL) products begins at 8.64%. 

In addition, the lender has announced “major pricing reductions” to its second charge five-year fixed rate products. 

Rates will now start from 7.54% for residential and 8.29% for BTL.

The changes to its second charge range follow the recent launch of West One’s residential mortgage range, with five-year fixed rates starting from 6.95%. 

West One managing director of residential mortgages and second charges Marie Grundy says: “We’re very pleased to be able to introduce some major enhancements to our second charge range.  The re-introduction of two-year fixed rate products will give intermediaries and their clients even greater choice and flexibility.”

“We have also taken the opportunity to review the pricing of our five-year fixed rates allowing us to make significant pricing reductions, which will create more opportunities for borrowers to access second charge products.”