West Brom cuts core and new build rates by up to 0.26%

West Brom Building Society has reduced mortgage rates across its two-year core and new build ranges.

The reductions are aimed at supporting first-time buyers and home movers by offering greater value in the low deposit market.

For first-time buyers and home movers, two-year fixed rates have reduced to 5.08% at 90% LTV with a £999 fee and to 5.58% at 95% LTV with no fee.

In addition, a two-year fixed rate 90% LTV new build purchase mortgage with a £999 fee has reduced by 0.23%, from 5.81% to 5.58%.

John Phillips, product manager at West Brom Building Society, said: “Our focus is always on putting customers first, and these latest rate reductions are designed to provide even greater value for borrowers navigating today’s housing market.

"We know affordability continues to be a key consideration, particularly for first-time buyers and home movers with smaller deposits, so it’s important that we continue to offer competitive options that support a wide range of needs. By reducing rates across both our core and new build ranges, we’re helping customers and brokers access products that offer strong value and greater confidence when making longer-term financial decisions.”