West Brom BS launch 3-year fixed rate mortgage at 2.25%

Thursday, 11 July 2013 02:40

The West Brom Building Society has added a three-year fixed rate mortgage deal to its roster of mortgage products.

The new deal has a rate of 2.25 per cent for borrowers with a 65 per cent loan-to-value (LTV) ratio. It comes with a booking fee of £99 and a completion fee of £1,895.

Customers can borrow between £25,001 and £250,000 and is available to customers who are purchasing, moving or remortgaging and applications can be made directly through the building society’s branch network or over the phone.

James Wright, the West Brom’s divisional director for marketing and e-commerce, said: “With this latest addition to our mortgage range we are responding to customer needs by offering increased flexibility in the fixed rate periods they can choose from.

“Our mortgage customers can now access competitive rates on two, three and five year fixed rate products and enjoy the certainty and peace of mind that comes with fixing their monthly payments.”


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