Back to June 2017

New two and five year deals a part of Leeds fixed rate mortgage range refresh

Leeds Building Society has refreshed its range of fixed rate mortgages with some new two and five year deals:

  • 83% five year fixed rate mortgage available up to 65% LTV (loan to value)
  • 90% five year fixed rate mortgage available up to 75% LTV
  • 60% remortgage only fees assisted two year fixed rate mortgage available up to 65% LTV
  • 65% remortgage only fees assisted two year fixed rate mortgage available up to 75% LTV

“Fixed rate mortgages remain the most popular choice with borrowers,” said Jaedon Green, Leeds Building Society’s Director of Product and Distribution.

“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.”

Ends

Notes to Editors

 

1.83% five year fixed rate mortgage up to and including 31st August 2022:

  • 83% fixed up to and including 31st August 2022
  • Available up to 65% LTV
  • Free standard valuation
  • £999 Fee
  • Tapered Early Redemption Charges (5/5/4/3/2%)
  • For purchase or remortgage

1.90% five year fixed rate mortgage up to and including 31st August 2022:

  • 90% fixed up to and including 31st August 2022
  • Available up to 75% LTV
  • Free standard valuation
  • £999 Fee
  • Tapered Early Redemption Charges (5/5/4/3/2%)
  • For purchase or remortgage

1.60% remortgage only fees assisted two year fixed rate mortgage up to and including 31st August 2019:

  • 60% fixed up to and including 31st August 2019
  • Available up to 65% LTV
  • Free standard valuation and standard re-mortgage legal service
  • No Fee
  • For remortgage only

1.65% remortgage only fees assisted two year fixed rate mortgage up to and including 31st August 2019:

  • 65% fixed up to and including 31st August 2019
  • Available up to 75% LTV
  • Free standard valuation and standard re-mortgage legal service
  • No Fee
  • For remortgage only

Leeds Building Society was named Best Building Society Savings Provider in the Moneyfacts Awards for 2017. The Society also won this title in 2016. 

Leeds Building Society operates throughout the UK, Gibraltar and Ireland and has assets of £15.9bn (at 31st December 2016). The Society’s head office has been based in the centre of Leeds since 1886.