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

Fleet Mortgages strengthens executive team with two appointments

Fleet Mortgages has made two appointments to its executive committee under managing director Nicola...

Wealthy Advisers Club opens registration for free lead generation training

The Wealthy Advisers Club is to hold a free online training session for mortgage...

Guardian launches lower-cost critical illness cover

Guardian has launched CI Essentials, a budget critical illness policy designed for clients who...

Dudley BS reports record mortgage lending after broker investment

Dudley Building Society has reported record gross mortgage lending of £130.9 million in its...

Price cuts signal more competitive market for brokers

House sellers have made the biggest June price reduction in 14 years as higher...

Latest publication

Other news

Fleet Mortgages strengthens executive team with two appointments

Fleet Mortgages has made two appointments to its executive committee under managing director Nicola...

Wealthy Advisers Club opens registration for free lead generation training

The Wealthy Advisers Club is to hold a free online training session for mortgage...

Guardian launches lower-cost critical illness cover

Guardian has launched CI Essentials, a budget critical illness policy designed for clients who...