Leeds BS launches new fixed term mortgages

Published on

Leeds Building Society has unveiled two new fixed rate mortgages.

The three-year and five-year products are available on up to 90% loan to value agreements.

Both products offer a free standard valuation and a fees assisted legal service for in-house re-mortgages.

Details are as follows:

3yr Fixed Rate (up to and including 31st March 2026)

  • Fixed at a rate of 4.99%
  • Available up to 90% LTV
  • £999 completion fee
  • Free standard valuation
  • Fees assisted legal service for in-house re-mortgages
  • 10% penalty free capital over repayments allowed each year
  • Early Redemption Charges of 3.5% / 2.5% / 1.5% of the amount redeemed

5yr Fixed Rate (up to and including 31st May 2028)

  • Fixed at a rate of 4.79%
  • Available up to 90% LTV
  • No completion fee
  • Free standard valuation
  • Fees assisted legal service for in-house re-mortgages
  • 10% penalty free capital over repayments allowed each year
  • Early Redemption Charges of 5% / 5% / 4% / 3% / 2% of the amount redeemed

Jonathan Thompson, Leeds Building Society’s Senior Mortgage Manager, said: “We know customers are looking for a sense of stability during this period of economic uncertainty and as a result we’ve introduced two new fixed term mortgages.

“Both products offer flexibility for customers with smaller deposits, being available for up to 90% loan to value.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Yorkshire appoints two non-executive directors

Yorkshire Building Society has appointed Barry O’Dwyer and Philippa Brown as independent non-executive directors. The...

HSBC cuts rates across residential and buy-to-let mortgage ranges

HSBC UK is reducing rates across a broad selection of residential and buy-to-let mortgage...

NHS workers priced out as affordability gap widens

Many NHS workers are being priced out of homeownership with average first-time buyer properties...

Metro Bank strengthens specialist mortgage team

Metro Bank has expanded its specialist mortgage team with a series of appointments and...

Lloyds strengthens housing development team

Lloyds Banking Group has strengthened its housing development team with a new specialist role...

Latest publication

Other news

The Yorkshire appoints two non-executive directors

Yorkshire Building Society has appointed Barry O’Dwyer and Philippa Brown as independent non-executive directors. The...

HSBC cuts rates across residential and buy-to-let mortgage ranges

HSBC UK is reducing rates across a broad selection of residential and buy-to-let mortgage...

NHS workers priced out as affordability gap widens

Many NHS workers are being priced out of homeownership with average first-time buyer properties...