New five-year fixes from the Leeds

Published on

The Leeds Building Society has launched new fees assisted five-year fixed rate mortgages across a range of loan to values (LTV).

The new deals are as follows:

  • 2.50% up to 65% LTV
  • 2.65% up to 75% LTV
  • 2.69% up to 80% LTV
  • 2.94% up to 85% LTV.

Each comes with a low £199 fee and a free valuation, with fees assisted legal services for standard remortgages.

“Longer term fixed rate deals are looking increasingly attractive as the likelihood of a change in the Bank Base Rate has receded again,” said Martin Richardson (pictured), Leeds Building Society’s director of business development.

“With mortgage rates at their current low levels we’re seeing a lot of interest from remortgagors, who can benefit from an extremely competitive rate and the security of fixing their monthly repayments before we enter a rising rate environment.

“These products are also available for home purchase – the 80% LTV deal at 2.69% is proving particularly popular with borrowers with a larger deposit.”

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

Paragon Bank secures additional £27m from Growth Guarantee Scheme

Paragon Bank has secured a further £27 million under the British Business Bank’s Growth...

National Friendly posts record income protection sales on back of strong H1 growth

Mutual insurer National Friendly has posted a sharp rise in new business and income...

Black & White Bridging hire to strengthen northern reach

Black & White Bridging has appointed Rick Davey as relationship manager as the lender...

Experian partners with Sikoia to automate income and employment verification

Experian has joined forces with verification platform Sikoia in a bid to circumvent the...

TRM launches Platinum Club and Business Risk Forum

The Right Mortgage & Protection Network (TRM) has launched two new initiatives aimed at...

Latest publication

Latest opinions

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

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...

Other news

Paragon Bank secures additional £27m from Growth Guarantee Scheme

Paragon Bank has secured a further £27 million under the British Business Bank’s Growth...

TMG Mortgage Network partners with Wealthy Adviser Club

TMG Mortgage Network has formed a new partnership with The Wealthy Adviser Club, giving...

National Friendly posts record income protection sales on back of strong H1 growth

Mutual insurer National Friendly has posted a sharp rise in new business and income...