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

Accord cuts all residential new business fixed rates by 0.10%

Accord Mortgages is reducing every fixed rate in its residential new business range by...

Skipton raises maximum income multiple to 6x

Skipton Building Society has increased the maximum loan-to-income multiple available through its LTI Booster...

AI used by more than half of consumers considering complaints

More than half of consumers who made or considered making a formal complaint about...

BetterHome Group UK appoints Anthony Glasgow as chief operating officer

BetterHome Group UK has appointed former Connells Group executive Anthony Glasgow as chief operating...

Sub-5% mortgage fixes virtually wiped out as rates surge

The number of sub-5% fixed mortgage deals has collapsed by 99% since the beginning...

Latest publication

Other news

Accord cuts all residential new business fixed rates by 0.10%

Accord Mortgages is reducing every fixed rate in its residential new business range by...

Skipton raises maximum income multiple to 6x

Skipton Building Society has increased the maximum loan-to-income multiple available through its LTI Booster...

AI used by more than half of consumers considering complaints

More than half of consumers who made or considered making a formal complaint about...