West One Loans’ buy-to-let division has launched its Scottish loans business.

The move means brokers with clients looking to purchase or remortgage a BTL property in Scotland can now access the specialist’s range of first-charge products, which were previously only available in England and Wales.

The firm says its loans, sold exclusively through intermediaries, cater for a range of amateur and professional landlords, with rates starting from 2.59%.

West One Loans managing director of Buy-to-let Andrew Ferguson says: “Entering the Scottish market is an exciting milestone, and we believe Scotland’s dynamic housing sector, supported by nearly 238,000 buy-to-let landlords, presents significant opportunities for us as a lender.

“While competition is strong, we believe our market-leading products, flexible criteria and commitment to tailored underwriting will be warmly received by brokers and landlords across the country.”

West One Loans head of sales – North (BTL and bridging) Jez Quinn adds: “We’re taking this move very seriously, which is why we have a dedicated northern-based field business development manager, Rick Davey, plus office support to ensure West One provide Scottish brokers with expert support on criteria and case enquiries.”