West One has reduced its buy-to-let mortgage rates by 0.30% across its full product range, while also introducing e-signatures to support faster completions.
The lender has applied the rate cuts across both standard and more complex lending segments, affecting products aimed at a wide range of property investors. Its standard property range, alongside small HMOs and multi-unit freehold blocks of up to three units, now includes two-year fixed rates starting at 3.69% and five-year fixed rates from 4.39%.
For larger and more complex assets, pricing has also shifted. Medium and large HMOs, as well as multi-unit freehold blocks, now start from 3.94%, reflecting the lender’s adjustments across higher-risk categories.
Meanwhile, the complex range, which covers borrowers such as overseas foreign nationals, expats and first-time landlords, now begins at 4.09%.
Buy-to-let mortgage rates and digital changes
Alongside the pricing changes, West One has introduced the use of e-signatures for buy-to-let mortgage deeds. This applies to both first and second charge lending, with the aim of reducing delays in the completion process.
The lender expects the move to support quicker turnaround times for brokers and borrowers, including the possibility of same-day remortgages in certain cases. By removing the need for physical signatures, the change reduces administrative steps and helps transactions progress more smoothly.
Marie Grundy, managing director of mortgages at West One (pictured), said, "These changes reflect our continued focus on delivering a highly flexible and timely lending proposition. By reducing rates and implementing improved processes through the introduction of e-signatures for mortgage deeds, we are not only supporting a wider range of borrowers, but we are also focusing on delivering best-in-class service for our customers and intermediary partners. Our aim is to ensure brokers have the tools they need to place both simple and complex cases quickly and efficiently in a changing market."
The combined approach of rate reductions and process updates signals a continued focus on improving both pricing and operational efficiency, particularly for intermediaries managing a mix of straightforward and more complex buy-to-let cases.
