West Brom BS has reduced selected rates across its range of fixed five-year mortgages, which sees one of the deals become much more competitive in its sector and earn an "excellent" rating as a result.
This mortgage now boasts a rate of 2.14%, fixed to 30.11.2021, at 65% loan-to-value (LTV). It comes with a very reasonable £199 fee.
The deal is offered to house purchase customers with the necessary deposit. It comes with an incentive package of free valuation (up to £445), and the option to make overpayments by lump sum or regular methods (up to a maximum of £999 per month).
A fee-free version is also available for remortgagors, which comes with the extra incentive of free legal fees.
This lower mortgage rate, together with the low fee, incentive and flexibility, fully justifies the deal's Moneyfacts rating.
Moneyfacts rating: Excellent
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