Leeds extends new build range

Ryan Fowler

July 5, 2016

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Leeds Building Society has launched a pair of new build fee assisted mortgages.

The two new 2-year fix rates are available at 2.20% up to 85% loan-to-value and 3.09% up to 90% LTV.

Jaedon Green, Leeds Building Society’s director of product and distribution, said: “New build borrowers can choose whichever of our competitive mortgages they want but we know this kind of purchase can come with some very specific challenges.

“After feedback from intermediaries, builders and customers, we’ve created these two deals with longer end dates, to help new build borrowers who are buying off-plan or in a longer chain of transactions which might cause delays.”

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