The West Brom further reduces mortgage rates

The West Brom has made reductions of up to 0.46% to selected products in its 2-year fixed mortgage range, following cuts earlier this week across its 3-year range of mortgage products.

Highlights across the updated 2-year range include a rate of 5.74% at 90% loan-to-value (LTV), available to home movers and first-time buyers.

The product comes with a competitive fee of £999, with support for valuation costs.

Gareth Madeley, head of product at the West Brom, said: “The past year has been a challenging market for first-time buyers, but we remain committed to supporting people with the funding they need to own their own home.

“With rates falling in recent weeks, we’ve made a number of cuts across our fixed rate range, ensuring that first time buyers and home movers are offered competitive products when they come to buy their new home.”

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