West Brom issues 85% LTV mortgages | Mortgage Strategy

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The West Brom is issuing 10 new residential mortgages and remortgages at up to 85 per cent LTV.

The lender is also bringing new interest-only purchase products and a Help to Buy product to the market.

The new purchase range is available at up to 80 per cent LTV and includes a two-year discounted product with an initial rate of 1.69 per cent, carrying a £999 fee.

The remortgage range includes a two-year discounted variable rate initially set at 2.34 per cent and also commands a £999 fee.

Meanwhile, the Help to Buy purchase product is available at up to 75 per cent LTV and is fixed for two years at 1.99 per cent. It comes with £500 cashback.

West Brom head of intermediaries Richard Scott says: “We are pleased to be able to offer this latest range of competitive products and choice, to support our intermediary partners find the best deals for their clients.

“We continue to monitor applications daily to ensure we can deliver the high levels of service that our intermediary partners expect from us.”


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