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West Brom BS launches high LTV mortgages

  • 27/08/2020
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West Brom BS launches high LTV mortgages
West Bromwich Building Society has launched a pair of discounted variable rate mortgages at 85 per cent loan to value (LTV).


The lender has also added a new 80 per cent LTV discounted variable for purchases along with fixed rate interest-only and Help to Buy deals.

The 85 per cent LTV variable deals are for two years at 2.34 per cent with a £999 fee and available for purchase or remortgage.

The 80 per cent LTV purchase only version is at 1.69 per cent and also has a £999 fee.

Three interest-only fixed rate deals are available at up to 60 per cent LTV over two, three and five years at 1.54 per cent, 1.64 per cent and 1.79 per cent respectively.

Four Help to Buy deals at 75 per cent LTV replace four previous deals.

West Brom head of intermediaries Richard Scott said: “We are pleased to be able to offer this latest range of competitive products and choice, to support our intermediary partners find the best deals for their clients.

“We continue to monitor applications daily to ensure we can deliver the high levels of service that our intermediary partners expect from us.”



Meanwhile, Accord has overhauled rates on its product transfer range.

The lender has today increased rates by up to 0.28 per cent on 32 products in the 75 per cent, 80 per cent, 85 per cent and 90 per cent LTV tiers.

It also reduced interest rates by up to 0.07 per cent for seven deals on its 65 per cent LTV switchers.


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