West Brom Building Society has reduced rates by up to 0.25% across its two-year fixed rate mortgage range.
The updated rates apply to products at 90% and 95% LTV, available for both first-time buyers and home movers.
Within the 90% LTV range, the Society has reduced its two-year fixed purchase product with a £999 fee by 0.24% to 4.50%. A fee-free option at the same LTV has come down by 25 basis points and is now available at 4.70%.
At 95% LTV, a two-year fix with a £999 fee has also been reduced by 20bps 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.”
