The building society highlighted that its operational capacity could be put under pressure due to the recent COVID-19 outbreak, which it cited as a quintessential point in the suspension of its remortgage range.
West Brom Building Society has announced it is removing its remortgage range due to coronavirus.
The building society highlighted that its operational capacity could be put under pressure due to the recent COVID-19 outbreak, which it cited as a quintessential point in the suspension of its remortgage range.
Additionally, the lender outlined that it is committed to minimising the number of people travelling to the workplace.
A spokesperson for the West Brom said: “We’re taking precautionary steps and temporarily suspending our remortgage products.
“In the short-term, our priority will be for those who still wish to purchase a home.
"We believe this is a responsible approach and we’re committed to continuing to service our customers.”
