West Brom Building Society Mortgages

Take a look at all the mortgages from the West Brom Building Society. With the help our of comparison tools you can view all of their mortgage product range side-by-side and compare them against other lenders on the market. See the West Brom mortgage product details from rate, fees and monthly costs.

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About West Brom Building Society Mortgages

West Brom Building Society is one of the leading providers of financial services and also one of the largest building societies. West Brom Building Society is well known for its fixed and variable rate mortgages for the first-time buyers as well as those looking for re-mortgaging. Whether you want to buy your first home, remortgage your current home, move up the housing ladder or review your current mortgage deal, the West Brom has a range of competitive mortgage deals which are designed to suit your needs.

As a mutual organisation, the West Bromwich Building Society is managed for the benefit of its members, as opposed to being run for the benefit of shareholders looking to make a big return on their investment and pick up regular dividends. This means that the West Bromwich Building Society, like other building societies, is usually able to offer rates on savings and mortgages that may beat some of the rates offered by the major high street retail banks. The West Bromwich Building Society also offers mortgage deals for first time buyers, as well as home movers and those looking to switch their mortgage from a different provider.

For the first-time buyer, the fixed mortgage rates start with the initial rate of 1.89% and range up to 3.94% for the fixed term ranging from 2 to 5 years. There is no booking fee while early repayment fee is charged by the company. The variable mortgage rates start with the initial rate of 1.44% and range up to 3.04% for the fixed term of 2 years, and there is no early repayment charge. For the remortgaging, the fixed mortgage rates start with the initial rate of 1.94% and range up to 2.59% for the fixed term ranging from 2 to 5 years. The variable mortgage rates start with the initial rate of 1.49% and range up to 1.94% for the fixed term of 2 years. Similarly, for buying a home, both fixed and variable rate mortgages are available.

The Core Features of West Brom Building Society Mortgages

  • highly competitive for fixed-rate and discount deals
  • zero-arrangement-fee deals
  • Repayment period from 1 to 30 years
  • No booking fees
  • Direct lending from the lender

The West Bromwich Building Society prides itself on its competitive mortgage rates, which can be arranged to a suit a variety of financing needs.

How does it work?

Before getting in touch with West Brom, it may be useful for you to use their 'How much can I borrow' calculator to get an indication of how much they could lend to you. he next step is to check your circumstances against our mortgage lending criteria. This will ensure you know whether they can lend to you or not.

Once you get an indication of how much they could lend to you and you are happy that you meet their lending criteria, it's time for you to get in touch with them. When you contact them on their official website, they will run through some basic questions with you (this will take approximately 10-15 minutes).

When this is completed, an appointment can be booked with one of the personal mortgage consultants, either in a branch or over the phone (whichever is most convenient for you).

The Final advice

The West Bromwich Building Society's most notable financial products and services include residential mortgages, savings, and investments. While some homeowners will be concerned about any changes to the interest rate giving them potentially more to pay on their monthly mortgage repayments, the West Bromwich Building Society offers a range of fixed rate deals, which could help keep the costs down over either two or five years.

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