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West Brom BS suspends mortgage range ahead of relaunch

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  • 25/03/2020
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West Brom BS suspends mortgage range ahead of relaunch
West Brom Building Society has pulled its entire mortgage range in preparation for a complete relaunch, Mortgage Solutions has learned.

 

The society withdrew all products except retention mortgages on 24 March, however it is expected to release a new range by the end of today.  

West Brom said it was taking precautionary steps and reviewing its portfolio to limit any pressure which could be put onto its operational capacity due to the coronavirus outbreak.  

A spokeswoman for the West Brom said: “We temporarily withdrew our products to allow a fuller assessment and clarification, following which, we are launching a range that will be available by close of business on 25 March.  

This way we can continue to service the market, as well as prioritise those that are experiencing financial difficulty. We believe this is a responsible approach and we’re committed to continuing to service our customers.” 

 

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