West Brom Building Society has cut interest rates by up to 0.25% across its 2-year fixed mortgage range.
The changes are aimed at first-time buyers (FTBs) and home movers with smaller deposits.
The rates are available on products at 90% and 95% loan-to-value (LTV).
Within the 90% LTV range, the 2-year fixed purchase product with a £999 fee dropped by 0.24% to 4.50%.
The fee-free option at the same LTV was reduced by 0.25% and is now available at 4.70%.
At 95% LTV, the 2-year fixed purchase rate with a £999 fee was reduced by 0.20% to 4.84%.
Aran Mann, product manager at West Brom Building Society, said: “We’re really pleased to be making further reductions across our two-year fixed range, especially for those with lower deposits, where borrowers often need the most support.
“We’re always keeping a close eye on what’s happening in the market and working hard to offer rates that are not only competitive, but also help support customers looking to take the first step towards owning their home.
“Feedback from brokers also plays a big role in shaping our products, and we’ll continue to evolve our offering to help give customers the best possible choice.”
