Back to January 2017

Fee-free new products specifically for remortgage from Leeds

Homeowners looking for a new mortgage for the New Year are being offered more choice from Leeds Building Society.

The Society is adding to its mortgage range on Friday 6th January with a selection of deals specifically for remortgage.

Highlights include:

  • Two year fixed rate mortgage at 1.55% available up to 65% LTV
  • Two year fixed rate mortgage at 1.60% available up to 75% LTV
  • Five year fixed rate mortgage at 2.19% available up to 75% LTV

All these remortgage deals come with a free valuation and fees assisted legal services. There is no product fee.

“Demand for remortgages remained strong during 2016 and continued to grow as a proportion of the mortgage market throughout last year,” said Jaedon Green, Leeds Building Society’s Director of Product and Distribution.

“We expect that trend will continue as homeowners look to take advantage of the historic low interest rate. These latest remortgage-only deals we’ve launched have no fees, which is an added incentive to switch to a better deal.

“Even if your current mortgage has Early Repayment Charges, it’s worth looking at whether remortgaging to a lower rate could save you money overall by bringing down your monthly repayments, and even help you to pay off your mortgage sooner.”

Ends

Notes to Editors

Key Features

Remortgage only 2 Year Fixed Rate mortgage at 1.55% up to and including 31st March 2019:

  • 2 Year Fixed Rate mortgage at 55% up to and including 31st March 2019
  • For remortgage only
  • Available up to 65% LTV
  • No completion fee
  • Free valuation
  • Fees assisted legal services

Remortgage only 2 Year Fixed Rate mortgage at 1.60% up to and including 31st March 2019:

  • 2 Year Fixed Rate mortgage at 60% up to and including 31st March 2019
  • For remortgage only
  • Available up to 75% LTV
  • No completion fee
  • Free valuation
  • Fees assisted legal services

Remortgage only 5 Year Fixed Rate mortgage at 2.19% up to and including 31st March 2022:

  • 5 Year Fixed Rate mortgage at 19% up to and including 31st March 2022
  • For remortgage only
  • Available up to 75% LTV
  • No completion fee
  • Free valuation
  • Fees assisted legal services

Leeds Building Society won the awards for Best Building Society Savings Provider and Innovation in Personal Finance (Part and part mortgages) at the 2016 Moneyfacts Awards.

Leeds Building Society operates throughout the UK, Gibraltar and Ireland and has assets of £14.9bn (at 30th June 2016). The Society’s head office has been based in the centre of Leeds since 1886.