“Providing competitive, convenient, and cost-effective products is at the forefront of our mission,” said Andrew Ferguson (pictured left), managing director of buy-to-let at West One Loans. “We anticipate further enhancements and offers for our customers in the near future.”

The Mortgage Works (TMW) has also reduced selected buy-to-let rates by up to 25bps, with new business rates starting at 3.54%.

Highlights include a two-year fixed rate at 3.54% for up to 65% loan-to-value (LTV), and a five-year fixed rate at 3.94% for up to 65% LTV. Switcher rates for existing customers have also been reduced slightly, with two-year fixed rates now at 3.84% for up to 55% and 65% LTV.

“These latest reductions make us one of the most competitive providers of buy-to-let mortgages, with rates now starting from 3.54%,” said Joe Avarne (pictured centre), senior manager of buy-to-let mortgages at The Mortgage Works.