West Brom Building Society launched two new mortgage deals for first-time buyers (FTBs) and home movers, offering £2,000 cashback.
The cashback is available on 5-year fixed products at 90% and 95% loan-to-value (LTV), with rates at 4.96% and 5.09% respectively.
There were also reductions across mortgages for FTBs and home movers.
The 2-year fixed rate at 95% LTV dropped by 0.18% to 4.62% and has no fee.
John Phillips, product manager at West Brom, said: “We understand that our customers’ needs are always evolving.
“People must face a number of upfront costs when buying a home, so the launch of our £2,000 cashback products help borrowers deal with the burden.
“These changes represent our commitment to helping people into home ownership.”
