West Brom BS has reduced the rate on its five-year fixed mortgage by 0.05%, which has earned it a high Moneyfacts rating.
This mortgage now offers a rate of 1.99%, fixed to 30.04.2022, at 65% loan-to-value (LTV). It is fee-free.
This deal is offered to all borrowers with the necessary deposit. It has an incentive package that includes free valuation (max £445) and related administration fees, as well as either £300 cashback or free legal fees for remortgagors. It furthermore comes with the option to make overpayments, provided certain conditions are met.
The rate cut has made this deal even more competitive, which combined with its lack of fee and incentives has deservedly earned it a high rating.
Moneyfacts rating: Excellent
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