West Brom Building Society is launching two new products for first time buyers and home movers with £2,000 cashback now available on two of its 5-year fixed mortgage deals.
The £2,000 cashback offer applies at 90% and 95% LTV, with an interest rate of 4.96% on the 90% LTV and 5.09% on 95% LTV.
The launch also includes a range of reductions on mortgages for first time buyer and home movers across 2 year, 3 year and 5 year fixed terms. The 2-year rate at 95% LTV is now priced at 4.62% with no fee following a 0.18% reduction.
The changes place the Society competitively and deliver great value for homebuyers.
John Phillips, Product Manager at the West Brom, said: “We understand that our customers’ needs are always evolving. People must face a number of upfront costs when buying a home, so the launch of our £2,000 cashback products help borrowers deal with the burden. These changes represent our commitment to helping people into home ownership.”
