Related topic: Mortgage rates

Three-year and selected two-year fixed rates have increases across the Society's lending ranges.

The biggest changes affect selected products available for house purchase up to 80% LTV.

First-time buyer, remortgage and home mover products benefit from the latest reductions, with the return of several sub-5% rates.

The largest reductions are across 95% LTV products.

The range refresh sees reductions of 0.10% applied to all of the lender’s fixed rate mortgage products available for new business.

The number of sub-5% fixed mortgage deals has plunged by 99%, from 1,494 since the start of September 2026 to just nine today. 

Homes for sale are up 5% year-on-year while sales agreed have fallen 9%, widening the gap between supply and demand.

The decline comes as the average interest rate paid on newly drawn mortgages increased from 4.45% in July to 4.60% in August.

As part of the changes, West One has introduced a new credit tier, Premier Plus, for purchase, remortgage and shared ownership customers.

The new range includes products suitable for single dwelling properties and HMOs and MUFBs with up to six bedrooms or units.