Landlords

West One relaunches 70% LTV buy-to-let range

Property Reporter
|
20th May 2020
To Let 690

Following physical valuations restarting at the firm, West One Loans has revealed that it has relaunched its BTL range up to 70% LTV.

According to the lender, the maximum loan size is £250,000 and the maximum property value will be £400,000 or £300,000 for flats.

The firm will lend up to 65% LTV for loans up to £750,000, subject to revised product pricing.

Andrew Ferguson, managing director for buy-to-let at West One, said: “We are keeping a constant eye on market developments at this time and is it pleasing to be able to make some positive changes to support our broker partners and clients.

"The improvement in the valuation position is very welcome news for lenders and brokers and I expect we will see continued growth in activity over the weeks ahead.”

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