West Brom Building Society has entered the shared ownership remortgage market, launching two new products to support shared ownership remortgage customers.
The offering includes a two-year fixed rate at 90% LTV, priced at 5.05% with £500 cashback, and a two-year fixed rate at 95% LTV, available at 5.18% with £500 cashback.
The West Brom is also making reductions to its shared ownership purchase range, with a two-year fix at 95% LTV down to 5.09% with £500 cashback.
John Phillips, product manager at the West Brom, said: “Shared ownership is a key part of what we do - helping customers to buy their home. We want to deepen our commitment in shared ownership and by introducing shared ownership remortgage products we can help customers throughout their home ownership journey."
