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West Brom delivers best buy rates with new mortgage range

7th September 2012 Print

The West Brom has unveiled a comprehensive new range of mortgage products, offering market leading rates and increased customer choice.

Heading up the range from the UK’s sixth largest building society is a Best Buy 2.59% mortgage fixed for two years at a maximum loan to value (LTV) ratio of 60%.

There are competitive fixed rate deals over a five year term starting at 3.64% (up to 75% LTV) and mortgages that track Bank Base Rate for two years starting at 2.64% (up to 75% LTV).

Stephen Leonard, the West Brom’s divisional director for marketing and e-commerce, said: “This launch represents a welcome return for the West Brom to the top of the Best Buy tables, delivering a really competitive range of mortgage products. Customers looking for low rates have a wide choice of fixed rate or tracker deals with us.”

The Society has also included a number of remortgage products with no completion fees, a free first standard valuation and free standard legal services.

“We have considered those who don’t want to pay high fees to arrange their mortgage and adding a free valuation and legal services to these products ensures even greater affordability and convenience,” added Stephen.

All new mortgages in the range revert to Bank Base Rate plus 3.49% (subject to a Bank Base Rate floor of 0.5%, currently 3.99% variable).

For more information, visit westbrom.co.uk.