West Brom Building Society has announced mortgage rate reductions of up to 0.22% across its range, alongside a broader offering across its three and five-year fixed rates.
The latest changes include the expansion of fee paying options across its three year fixed range, as well as the introduction of 85% LTV five year fixed products for both purchase and remortgage customers, broadening access to longer fixes at higher LTV tiers.
The repricing delivers reductions across the board, with notable improvements to higher LTV products. This includes a three year fixed 90% LTV purchase product with no fee, reduced from 5.62% to 5.40%, as well as a five year fixed 90% LTV purchase product with £2,000 cashback and no fee, cut from 5.89% to 5.67%.
John Philips, product manager at West Brom Building Society, said: “Our focus is always on putting customers first, and that means giving them the right options to suit their needs. By reducing rates and broadening our three and five year fixed ranges, we’re offering greater choice and flexibility, whether that’s through fee or no fee products, higher LTV options, or longer term security.
"We want customers and brokers to feel confident they can find a product that works for them, both now and over the longer term.”
