West Brom Building Society has launched two products for first-time buyers and house movers, with £2,000 cashback now available on two of its five-year fixed mortgage deals.
The £2,000 cashback offer applies at 90% and 95% LTV, with an interest rate of 4.96% on the 90% LTV and 5.09% on 95% LTV.
The launch also includes a range of discounts on mortgages for first-time buyers and home movers over fixed terms of two, three and five years. The two-year rate with a 95% LTV is now priced at 4.62% without fees, after a reduction of 0.18%.
Comment West Brom product manager John Phillips said: “We understand that our customers’ needs are always evolving. People face some upfront costs when buying a home, so the launch of our £2,000 cashback products will help borrowers cope with the burden. These changes represent our commitment to helping people buy a home.”