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

Click2Check joins OPDA as drive for open property data gathers pace

Click2Check, a credit, anti-money-laundering and Open Banking provider used by financial advisers, mortgage intermediaries,...

The Mortgage Works cuts switcher rates for existing landlord borrowers

The Mortgage Works is lowering switcher rates by up to 0.20 percentage points across...

SmartSearch deepens Twenty7tec partnership with expanded ID verification tools

SmartSearch, the digital compliance and anti-money-laundering provider, is increasing the reach of its technology...

New Homes Mortgage Services buys Barron Financial Solutions to expand reach

New Homes Mortgage Services LLP has completed the acquisition of Barron Financial Solutions as...

Mortgage activity picks up in third quarter as FCA review reopens access debate

UK Finance’s third quarter Household Finance Review shows mortgage lending returning to growth after...

Latest publication

Other news

The buy-to-let market continues to defy expectations

Perception and reality are often mistaken for one another. That is especially true in...

Advisers are missing a clear chance to help clients with survey advice

For years, advisers have often seen surveys as something outside their core work. Some...

Click2Check joins OPDA as drive for open property data gathers pace

Click2Check, a credit, anti-money-laundering and Open Banking provider used by financial advisers, mortgage intermediaries,...