The Leeds unveils incentives for fixed rate deals

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The Leeds Building Society’s latest fixed rate mortgage deals include incentives such as low fees, free valuations and fees assisted legal services.

The Society has launched new two year fixed rate mortgages – at 2.09% up to 75% LTV (loan to value) and 2.19% up to 80% LTV – and a five year fix at 2.94% up to 80% LTV.

All come with a £199 fee, free standard valuations for properties up to a value of £500,000 and fees assisted legal services for standard remortgages.

Martin Richardson (pictured), Leeds Building Society’s general manager – business development, said: “In addition to a competitive rate, our range includes a choice of fee and incentive combinations so borrowers can have the features which best suit their individual circumstances.

“On larger loan sizes the product with a larger fee can often work out better value but we know many borrowers, particularly first time buyers or remortgagors, will be keen to minimise the upfront costs of their mortgage so a low-fee deal with incentives is exactly what they are looking for.”

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