West One Loans has launched a range of five-year fixes with a three-year early repayment charge (ERC).

The launch comes as part of a revamp of the lender’s buy-to-let (BTL) range.

The limited edition range starts at 4.99% for standard properties and 5.19% for specialist properties, including large houses of multiple occupation (HMOs) or multi-unit blocks (MUBs).

The maximum loan size is £1.5m and the rental coverage is assessed against the product pay rate.

In addition, West One has also launched a range of lifetime trackers.

Rates start from base rate plus 1.65% for landlords with standard properties, while the specialist range starts from base rate plus 1.85%.

The lender is also reintroducing its core range of green products for both standard and specialist landlords, with rates priced 10 basis points lower than equivalent non-green products.

West One managing director of BTL Andrew Ferguson says: “This new range of products is all about giving landlords more choice, more room for manoeuvre at a time when it’s really needed.”

“Equally, the launch of our lifetime trackers and the reintroduction of our green mortgages offer brokers and their clients even more options.”