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

Pantera expands Harrogate headquarters as it targets growth and recruitment drive

Pantera Advisory Group has relocated to a larger headquarters in Harrogate as the real...

The Mortgage Works backs landlord EPC compliance pilot with Eco Approach

The Mortgage Works has partnered with retrofit specialist Eco Approach to provide free energy...

TML expands buy-to-let range with limited-edition products and rate reductions

The Mortgage Lender has launched a new range of limited-edition buy-to-let products and reduced...

Molo cuts buy-to-let and semi-commercial rates by up to 30bps

Molo has reduced rates across its UK resident buy-to-let and semi-commercial mortgage ranges, with...

Bank holds rates at 3.75%

The Bank of England left interest rates unchanged at 3.75% today despite inflation remaining...

Latest publication

Other news

Pantera expands Harrogate headquarters as it targets growth and recruitment drive

Pantera Advisory Group has relocated to a larger headquarters in Harrogate as the real...

The Mortgage Works backs landlord EPC compliance pilot with Eco Approach

The Mortgage Works has partnered with retrofit specialist Eco Approach to provide free energy...

TML expands buy-to-let range with limited-edition products and rate reductions

The Mortgage Lender has launched a new range of limited-edition buy-to-let products and reduced...