West Brom cuts two-year fixed rates by up to 0.31%

West Brom Building Society has reduced rates across its two-year fixed mortgage products by up to 0.31%.

The Society’s 80% LTV remortgage product with a £999 fee will drop by 0.30%, bringing the rate down to 4.39%. Meanwhile, its 80% LTV purchase product, also with a £999 fee, is being reduced by 0.31% to 4.29%.

Last month, the Society enhanced its broker service with an expanded intermediary team and refreshed digital offering.

Gareth Madeley, head of product at West Brom Building Society, said: “We’re really pleased to be making further reductions across our two-year fixed rate range. We keep a close eye on the market and work hard to keep our products as competitive as possible and that’s reflected in the changes we’ve announced today.

“We’ve been listening to broker feedback and always try to build on what we offer. These new rates should give even more choice to buyers and customers looking to remortgage. Alongside our wider range, including shared ownership and new build options, we’re proud to support customers at every stage of their home ownership journey.”