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.

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“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.”