The building society is offering Best Buy rates for customers at loan to value ratios of 85% and 90%, while also including incentives to help reduce the overall cost of borrowing.
Two year fixed rates of 2.79% are available to homebuyers and remortgage customers with a minimum deposit of 15%.
A market leading rate of 3.64% is available at 90% LTV which has earned a five star rating from personal finance information provider Moneyfacts.
The products can be applied for directly through the West Brom’s branch network or over the phone.
They include a free first standard valuation worth up to a maximum of £525 and remortgage customers also benefit from fees assisted legal work. Each has a £99 booking fee and a completion fee of £400.
Vicki Ballinger, the West Brom’s Product Manager for mortgages, said:
“By regularly reviewing the interest rates on our two year fixed rate products we are improving our market position based on the true cost of borrowing.
“The lower deposit requirements of 10% to 15% are also opening up our product range to first time buyers, as well as existing homeowners looking to progress further up the property ladder or change their current mortgage to a more competitive deal.”
