Leeds exclusive fixes for PMS and Sesame

Published on

Leeds Building Society

PMS members and appointed representatives of Sesame network now have access to three new exclusive mortgage deals funded by Leeds Building Society.

Two-year and five-year fixed rate products are available at 3.79% and 3.8% respectively, up to 80% LTV.

The two year product does not have any early repayment charges.

The third product, a two year fixed rate mortgage, is geared towards shared ownership clients. It is available at 5.69% for loans up to 75% loan to value and, the providers claim, includes the highest cashback amount available on a shared ownership product.

“These exclusive products are excellent additions for our members,” said Robert McCoy, senior product and communications manager at PMS.

“The security of a fixed rate mortgage will be popular amongst many clients and with more customers exploring shared ownership options when buying, we expect this specialist product to particularly appeal to first time buyers.”

Phillip Coombes, head of intermediary sales at the Leeds, added: “We are very proud to be providing the only two year fixed rate product in the market with no early repayment charges at 80% loan to value and as all these products have low fees, they should be attractive across a range of clients.

“We look forward to enhancing our relationship with Sesame and PMS by providing them with these competitive mortgages.”

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

Renters cut back as deposit savings hit six-month low

The number of renters actively saving for a property deposit has fallen to its...

Eight in 10 first-time buyers moved back in with parents to get on the ladder

Four in five first-time buyers moved back in with parents to save for a...

Landlords desert the market amid growing fears over Renters’ Rights Bill

Small landlords are quitting the private rental sector in increasing numbers, as concerns mount...

Clydesdale Bank cuts selected rates and unveils new products

Clydesdale Bank is set to implement rate reductions across a range of residential mortgage...

Mortgage market steadies as confidence returns and rates fall, says Stonebridge

The UK mortgage market is regaining its footing after a turbulent two years, with...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Renters cut back as deposit savings hit six-month low

The number of renters actively saving for a property deposit has fallen to its...

Eight in 10 first-time buyers moved back in with parents to get on the ladder

Four in five first-time buyers moved back in with parents to save for a...

Landlords desert the market amid growing fears over Renters’ Rights Bill

Small landlords are quitting the private rental sector in increasing numbers, as concerns mount...