West Brom Building Society has cut the rate on a 5-year fix mortgage at 95% LTV.
West Brom Building Society and Principality Building Society have both cut rates.
West Brom Building Society has reduced the rate on its 5-year fix available at 95% LTV for purchases.
Now priced at 2.89%, the product comes with a free valuation and no product fee.
The offering also allows for overpayments.
Rachel Springall, finance expert atMoneyfacts, said: “As a result, this package may appeal to borrowers who have the required 5% deposit and are aiming to keep their initial costs down.”
Principality Building Society has made various changes to selected fixed rates in its range, with its 3-year fixed deal reducing by 0.03%.
Available at a maximum 85% LTV for all borrower types, this mortgage comes with a free valuation for all borrowers and free legal fees for remortgage customersand allows for overpayments.
Springall added: “Now priced at 2.05%, the deal carries an incentive package and does not charge a product fee, which may attract borrowers looking to save on the upfront cost of their deal.
“All borrowers will receive a free valuation but remortgage customers will be offered a free legal fees incentive.
“The deal earns an outstanding Moneyfacts product rating in the process.”
