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

Afin Bank recruit to lead treasury and regulatory reporting

Afin Bank has appointed Simon McClean as head of treasury and regulatory reporting as...

Certua Life brings individual life cover to Heka benefits platform

Certua Life has partnered with employee benefits platform Heka to offer individual life insurance...

LifeSearch adds life insurance access to Snoop app

LifeSearch has partnered with money management app Snoop to give users access to life...

Twenty7tec targets adviser administration and client retention with Steppl

Twenty7tec has developed Steppl to bring client information, communications and documents into one digital...

House prices record first annual fall since November 2023

UK house prices fell by 0.4% in the year to August, the first annual...

Latest opinions

In our industry, competition and collaboration aren’t opposites

If there's one theme running through the market at the moment, it's the power...

We must not accept our snail’s pace home buying system

Buying a house in this country can be ridiculously slow, as a handful of...

Deferment and capitalisation rates: small percentages, large consequences

The Government is currently consulting on Leasehold enfranchisement valuation rates to determine what deferment...

Your clients can’t tell which firm they’re dealing with

Two clients walk into your firm in the same week. One of them is a...

Other news

Afin Bank recruit to lead treasury and regulatory reporting

Afin Bank has appointed Simon McClean as head of treasury and regulatory reporting as...

Certua Life brings individual life cover to Heka benefits platform

Certua Life has partnered with employee benefits platform Heka to offer individual life insurance...

LifeSearch adds life insurance access to Snoop app

LifeSearch has partnered with money management app Snoop to give users access to life...