Leek United Building Society reduces rates on its 85% LTV mortgage products

Leek United has introduced several changes across their product range including a rate reduction in its 85% loan-to-value (LTV) range and a reduction of 0.10% for its 2-year discount interest-only product up to 75% LTV.

The changes include reductions in rate for the Society’s two and 5-year fixed and discount residential range, for loans up to 85% LTV, with rates from 1.80% all including £400 cashback.

Following intermediary feedback, and to support higher value applications there are a number of fixed fee options from £995.

The Society applies a flexible approach to lending with every application assessed individually by our experienced underwriters, no credit scoring, the acceptance of new builds, and loans accepted up to £1.5m.

Laura Allcock, intermediary lending manager at Leek United,  said: “We are constantly looking at how we can refine our product range for our partners. Our aim is to position competitively in the market alongside continuing to provide the quality service our partners have come to expect from us.”

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