West One Loans has launched a range of residential five-year fixed rates starting at 6.95%.

The new range is in addition to West One’s residential tracker products, which it launched as part of its entry into the market earlier this month. 

Aimed at borrowers who the lender believes are underserved by high street lenders, the range is open to first-time buyers, home movers and remortgage customers. 

West One managing director of residential mortgages and second charges Marie Grundy says: “We have been delighted with the launch of our first residential range of mortgages and it is great to introduce valuable new additions so soon after our entry into the market.”

“This new range of limited edition five-year fixed rates is the next step in the evolution of our proposition and, with rates starting at 6.95%, we are confident they will be warmly received by the market.”