Leeds Building Society expands fixed range

Mortgage Introducer

June 26, 2017

Leeds Building Society has expanded its range of fixed rate mortgages – as new products include a 1.83% 5-year fix at 65% loan-to-value with a £999 fee.

Also available is a 5-year fix at 75% LTV at 1.90% with a £999 fee.

In addition the society has launched 2-year fixes at 1.60% to 65% LTV and 1.65% to 75% LTV with no fee.

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Jaedon Green, Leeds Building Society’s director of product and distribution, said : “Fixed rate mortgages remain the most popular choice with borrowers.

“The recent election leaves the UK with significant uncertainty, hence the increasing interest in five year deals which provide homeowners with certainty beyond the next election.

“As rates remain at historic lows, remortgaging to a better deal could mean savings for a borrower, even taking into account any charges for early redemption of their current mortgage – it’s worth doing the maths to check.

“In addition, our remortgage-only deals come with incentives including free valuation and fees assisted legals to minimise the upfront costs of switching.”

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