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

BuildLoan expands into commercial mortgages after pilot programme

BuildLoan has launched a commercial mortgage proposition to intermediaries nationwide following a pilot programme...

CAL relocates to larger Woking headquarters to support growth ambitions

Panel management firm CAL has moved to new offices in central Woking as it...

Landbay cuts buy-to-let rates across core and specialist ranges

Landbay has reduced rates by up to 20 basis points across its Core and...

Interest-only lending evolves as later life borrowing grows, says Phoebus

The continued decline in interest-only mortgage balances reflects a healthier market and changing borrower...

Firms face growing challenge in verifying business ownership

More than half of regulated firms are struggling to identify the individuals who ultimately...

Latest publication

Other news

BuildLoan expands into commercial mortgages after pilot programme

BuildLoan has launched a commercial mortgage proposition to intermediaries nationwide following a pilot programme...

CAL relocates to larger Woking headquarters to support growth ambitions

Panel management firm CAL has moved to new offices in central Woking as it...

Landbay cuts buy-to-let rates across core and specialist ranges

Landbay has reduced rates by up to 20 basis points across its Core and...