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

Family BS launches £12.5m HNW interest roll-up mortgage

Family Building Society has launched an interest roll-up mortgage allowing high net worth borrowers...

Property transactions edge lower as mortgage costs weigh on market

UK residential property transactions fell in August, with HM Revenue & Customs recording 95,220...

First-time buyer homes could cost almost £24k more by 2030

The average price paid by a first-time buyer in England could rise by almost...

Precise joins LMS Panel Link for specialist residential cases

Precise has joined LMS's Panel Link service as the specialist lender looks to reduce...

LSL warns first-time buyers could pause plans ahead of new deposit scheme

LSL Financial Services has welcomed the government's proposed 2.5% deposit scheme for new-build homes,...

Latest publication

Other news

Family BS launches £12.5m HNW interest roll-up mortgage

Family Building Society has launched an interest roll-up mortgage allowing high net worth borrowers...

Should mortgage advisers consider the emerging secondary market for life policies?

Mortgage advisers regularly help clients navigate major life changes. While much of the focus...

Property transactions edge lower as mortgage costs weigh on market

UK residential property transactions fell in August, with HM Revenue & Customs recording 95,220...