West One has cut rates across its fixed-rate commercial mortgage range by 75 basis points.
Semi-commercial fixed rates now start at 7.34%, while commercial fixed rates begin at 7.94%. The new rates are available immediately.
The lender said the reductions would give brokers access to more competitive pricing across commercial and semi-commercial lending as borrowers contend with an uncertain interest rate environment.
Duncan Abraham (pictured), regional director at West One, says: “Commercial borrowers are continuing to navigate a challenging and uncertain rate environment, so we want to make sure brokers have access to competitive options for their clients.
“Reducing our fixed rates by 75 basis points across our commercial range gives brokers more flexibility when structuringcases.”
“This significant rate reduction reinforces our commitment to supporting brokers with competitive, dependable funding solutions at a time when certainty over borrowing costs remains crucial for commercial borrowers.”
