West Brom Building Society has reduced the price of selected fixed rate mortgages. One of the deals to benefit was its two-year offer, which saw a 0.20% rate decrease, earning it a place among the Moneyfacts best buys.
This deal now has an attractive rate of 3.19% fixed until 28.2.17, available at a loan-to-value (LTV) of 90%. A competitive fee of £499 is payable.
This mortgage is available to first-time buyers and homemovers with a deposit of just 10%. All borrowers can benefit from an incentive package of free valuation (max £525).
Repayment flexibility is offered with the option to make either regular or lump sum overpayments.
The rate decrease has sharpened the competitive edge of this mortgage, giving it a firm footing in the Moneyfacts charts. Borrowers are likely to welcome the competitive fee and the generous incentive package, which will help to keep upfront costs down – an ideal situation for those with only a modest deposit.
The highest accolade of five Moneyfacts Stars has been awarded.
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