The West Brom has made rate reductions across its purchase and remortgage ranges by up to 0.13%, as it continues to support both new buyers and existing borrowers.
On the purchase side, the society has reduced the rate on its 2-year 95% loan-to-value (LTV) product to 4.74% with a £999 fee, and on its 3-year 95% LTV product to 4.72% with a £999 fee, both reductions of 0.05%.
The society has also launched two new products, including a 2-year 85% LTV at 4.45% with no fee and a 2-year 85% LTV at 4.25% with a £999 fee, further strengthening its purchase range.
Within the remortgage range, there are reductions its 2-year 90% LTV products.
The fee product has reduced by 0.11% to 4.45% with a £999 fee, while the other has been cut by 0.13% to 4.73% with no fee, keeping the society competitive for customers with lower equity in their property who are moving to the next stage of their mortgage journey.
John Phillips, product manager at the West Brom, said: “By reducing these rates and launching new products, we’re making sure our mortgage range stays competitive and supports customers at different stages of their journey.
“Whether that’s helping first-time buyers with smaller deposits or those looking to remortgage their property. We listen closely to feedback from our broker partners, which helps us shape products that really work for customers.
“Staying active in the market and offering good value is a key focus for us, and these changes underline that commitment.”
