West Brom Building Society has cut rates across its 3-year fixed mortgage range, aiming to help buyers with smaller deposits.
The reductions reach up to 0.23%, with new end dates running until September.
A 90% loan-to-value (LTV) 3-year fixed rate with a £999 fee has dropped by 0.22% to 4.67%.
The no-fee option at 90% LTV is down by 0.22% to 4.88%.
For 95% LTV, the 3-year fixed rate with a £499 fee now stands at 4.98% after a 0.22% cut, while the no-fee version has been reduced by 0.23% to 5.08%.
West Brom has also launched a 3-year fixed rate at 95% LTV for new build homes, set at 5.12% with a £499 fee.
Gareth Madeley, head of product at West Brom, said: “We’re happy to be reducing rates on our 3-year fixed range to support more customers into ownership.
“Supporting borrowers with smaller deposits is a key priority for us, especially in today’s challenging market, where affordability remains a key concern.
“Feedback from our broker network also helps us shape our products, and we’ll continue to evolve our offering to help give customers the best possible choice, whether that’s helping more people take their next step purchasing a first home, looking to move or buying new build.”
