West Brom Building Society has entered the Shared Ownership remortgage market, launching two new products for Shared Ownership remortgage customers.
The new offering includes a 2-year fixed rate at 90% loan-to-value (LTV), priced at 5.05% with £500 cashback, and a 2-year fixed rate at 95% LTV, priced at 5.18% with £500 cashback.
Both products are available from today, 21st November.
The society has also reduced rates on its Shared Ownership purchase range, with the 2-year 95% LTV now priced at 5.09%, including £500 cashback.
John Phillips, product manager at West Brom, said: “Shared ownership is a key part of what we do – helping customers to buy their home.
“We want to deepen our commitment in shared ownership and by introducing shared ownership remortgage products we can help customers throughout their home ownership journey.”
