West Bromwich launch new fixed rate mortgages

The West Bromwich Building Society has today announced that it has introduced three new fixed rate mortgages.

All the new deals are two year fixed rate schemes, with two being available for mainstream applications and the remaining scheme being reserved for buy to let.

The mainstream products consist of a two year fixed rate at 5.99% with a 2% fee and a 6.29% option with a reduced 1.5% fee. Both schemes are available up to 85% of the property value.

The buy to let product is priced at 6.69% and has a 1.5% fee, and is available up to 75% loan to value.