West Brom Building Society has launched mortgage deals within its 60-85 per cent loan to value (LTV) tiers to replace some of its existing products with adjusted rates.
Changes include the removal of the fee-free two year fixed at 60 per cent LTV with a rate of 1.59 per cent. This has been replaced with an equivalent product with a rate of 1.62 per cent.
The £999 fee version of the three-year fixed at 60 per cent LTV has been replaced with a product with a rate of 1.49 per cent, an increase of 0.15 per cent compared to the previous offering.
Among the 75 per cent LTV tier, the fee-free two-year fixed has been switched with a deal which has a rate of 1.79 per cent, down from 1.84 per cent.
The £999 fee option now has a rate of 1.25 per cent, down from the 1.44 per cent product the mutual offered before.
Applications which have completed a decision in principle for withdrawn products will be processed until 16 July.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS