West Brom Building Society has cut mortgage rates by up to 0.30% and expanded its product range to give customers more choice.
The changes include new product launches and price reductions across the existing range, with the biggest benefits aimed at those looking to remortgage at the end of their current deal.
The rate on the 2-year fixed 80% loan-to-value (LTV) purchase product with no fee has been reduced from 5.50% to 5.20%.
Two new products at 80% LTV have also been introduced: a 2-year fixed rate at 5.04% with a £999 fee and £500 cashback, and a 5.24% 2-year fixed option with no fee and £500 cashback.
John Philips, product manager at West Brom Building Society, said: “Putting customers first means listening closely to what they and brokers are telling us.
“These rate reductions of up to 0.30%, alongside the expansion of our product range, are designed to give customers more choice and better value, particularly for those coming to the end of existing mortgages.
“We want to make sure people have access to competitive options that suit their circumstances, whether they’re remortgaging or planning their next move.”