Leeds to launch 2-year fixed rates with £1,000 cashback

Robyn Hall

September 20, 2016

leeds-building-society

Leeds is launching a rage of 2-year products this Thursday each with a £199 fee, free valuation and fees assisted legal services for standard remortgages.

Rates start at 1.99% up to 65% LTV; 2.05% up to 75% LTV; 2.15% up to 80% LTV and 2.25% up to 85%.

Jaedon Green, Leeds director of product and distribution, said: “These new two year deals are market-leading rates with the added attraction of incentives including a generous cashback.

Barclays cuts rates by up to 0.50%

“The cashback, low fee and free valuation are ideal for homebuyers wishing to keep their initial costs to a minimum or homeowners wanting to switch to a better deal from their current mortgage while rates are at record lows.”

The society also has refreshed its existing fixed rate mortgage range, with cuts to some rates on 3 and 5-year deals, available from Friday 23 September.

Highlights include a 3-year fixed rate at 1.99% up to 75% LTV and a 3-year fixed rate at 2.14% up to 80% LTV – both with a £199 fee, free valuation and fees assisted legal services for standard remortgages

There’s also a 5-year fixed rate at 2.35% up to 85% LTV, with a £999 fee and a 5-year fixed rate at 2.55% up to 85% LTV, with a £199 fee, a free valuation and fees assisted legal services for standard remortgages.

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