West Brom BS reduces high LTV residential rates

West Brom Building Society has made a series of rate reductions across its core residential range, with improvements across both 90% and 95% LTV purchase products.

At 90% LTV, the Society has reduced its two-year fixed purchase rate to 4.95% with no fee, down from 5.00%. A fee-paying option at the same LTV has also been cut, now at 4.69% with a £1,499 fee, reduced from 4.77%.

At 95% LTV, a two-year fixed rate with no fee is down by 10bps to 5.25%.

John Philips, senior product manager at West Brom Building Society, said: “Supporting customers with smaller deposits remains a key priority for us, particularly as building a deposit continues to be a challenge for many. By reducing rates across our higher LTV range, we’re aiming to make home ownership more accessible while continuing to offer competitive options for brokers and their clients.

“We know that flexibility matters, which is why we continue to provide both fee and no-fee options across our range. Our focus is on giving customers the choice and confidence to find a product that suits their needs, whether they’re purchasing a new home or looking to remortgage.”