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

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost?...

MIMHC makes final call as charity lunch nears capacity

The Mortgage Industry Mental Health Charter (MIMHC) has made a final call for industry...

Virgin Money to move eligible product transfers to Nationwide from October

Virgin Money is changing its residential product transfer process, with some customers whose deals...

Skipton cuts fixed rates and widens home mover range

Skipton Building Society is reducing rates across its fixed mortgage range by an average...

Quantum Mortgages promotes Mihramane and Ajaib

Quantum Mortgages has made two internal promotions across its sales and completions teams as...

Latest publication

Other news

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost?...

MIMHC makes final call as charity lunch nears capacity

The Mortgage Industry Mental Health Charter (MIMHC) has made a final call for industry...

Virgin Money to move eligible product transfers to Nationwide from October

Virgin Money is changing its residential product transfer process, with some customers whose deals...