West Brom BS cuts fixed rates by up to 0.33% Mortgage Strategy

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West Brom Building Society has introduced a series of rate reductions across its two- and three-year fixed mortgage ranges, with cuts of up to 0.33%.

In the two-year range, the society has introduced competitive pricing at the 80% loan-to-value (LTV) tier. The £999 fee-paying remortgage product is now available at 4.25%, while the equivalent purchase option has been reduced to 4.10%. The no-fee purchase alternative has also been cut, now at 4.30%.

Two interest only products have also been added to the two-year range at 60% LTV with a £999 fee, for purchase at 4.10% and remortgage at 4.25% respectively.

Changes have also been made to the three-year range. New 80% LTV options for both purchase and remortgage are being introduced, with pricing from 4.30% and 4.36% respectively.

For customers with lower deposits, the two-year 90% LTV fee product has reduced to 4.29% and the three-year option is now priced at 4.40%. Additionally, a new 95% LTV £999 fee product has also been added to the three-year range, priced at 4.83%.

Commenting on the changes West Brom BS product manager Aran Mann said: “We know customers are still navigating uncertainty, so we’re focused on delivering strong options across the board, whether it’s a first-time buyer looking for stability or a homeowner seeking a better deal. Our goal is to support them with rates that meet their needs in the moments that matter.”


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