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

Novus Strategy to host Digital Disruption Live event

Lenders and mortgage experts will explore how Home Buying Reform and Smart Data are...

Just one in ten FTBs pay Stamp Duty in the North

Just one in ten first-time buyers pay Stamp Duty in the North, compared to...

Foundation reduces BTL rates by up to 0.25%

Foundation, the intermediary-only specialist lender, has reduced rates across its buy-to-let range by up...

Hodge Bank partners with Mortgage Broker Tools

The partnership means Mortgage Broker Tools’ broker members can now access Hodge’s specialist mortgage...

Cambridge BS opens up 98% LTV to all brokers

The Cambridge Building Society is making its 98% LTV first-time-buyer product available to all...

Latest publication

Other news

Novus Strategy to host Digital Disruption Live event

Lenders and mortgage experts will explore how Home Buying Reform and Smart Data are...

Just one in ten FTBs pay Stamp Duty in the North

Just one in ten first-time buyers pay Stamp Duty in the North, compared to...

Foundation reduces BTL rates by up to 0.25%

Foundation, the intermediary-only specialist lender, has reduced rates across its buy-to-let range by up...