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

Hinckley & Rugby widens mortgage criteria for borrowers with past credit problems

Hinckley & Rugby Building Society has launched a specialist mortgage range for borrowers who...

Andy Rowe leaves Zephyr after restructuring

Andy Rowe has left his position as head of sales at Zephyr Homeloans after...

TPFG financial services revenue rises to £13m

The Property Franchise Group (TPFG) increased financial services revenue by 10% to £13m during...

Finance confidence improves despite economic gloom

Confidence across the finance and leasing industry improved during the second quarter despite most...

Market Harborough appoints deputy finance chief

Market Harborough Building Society has appointed Brad Nicholls as Deputy Chief Finance Officer as...

Latest publication

Other news

Is there such thing as a ‘typical borrower’ anymore?

What is a typical borrower? A few decades ago, it would have been a...

Hinckley & Rugby widens mortgage criteria for borrowers with past credit problems

Hinckley & Rugby Building Society has launched a specialist mortgage range for borrowers who...

Andy Rowe leaves Zephyr after restructuring

Andy Rowe has left his position as head of sales at Zephyr Homeloans after...