Back to September 2017

More choice in residential remortgages with new Leeds fixed rates

Homeowners looking to remortgage this autumn have more choice with new fixed rate deals from Leeds Building Society.

Highlights include:

  • 94% fees assisted five year fixed rate mortgage available up to 65% LTV (loan to value)
  • 14% fees assisted five year fixed rate mortgage available up to 80% LTV
  • 79% fee saver two year fixed rate mortgage available up to 90% LTV with £500 cashback

“September is traditionally a busy month for remortgages,” said Matt Bartle, Leeds Building Society’s Head of Product and Pricing.

“Lots of homeowners will have reviewed their finances while they’ve had time off over the summer months and are looking to switch to a new deal which could save them money or even help them to pay off their mortgage sooner.

“Fixed rates remain the most popular choice and a longer-term deal for five years enables borrowers to lock in and take advantage of the current historically low rates.”

Leeds Building Society’s mortgage range offers deals with different combinations of fees, incentives and cashback so borrowers can choose the product which best suits their individual circumstances.

Ends

Notes to Editors

Fees assisted five year fixed rate mortgage at 1.94% up to and including 31st October 2022:

  • 94% fixed up to and including 31st October 2022
  • Available up to 65% LTV
  • Free standard valuation on properties worth up to £1m
  • Fees assisted legal services for standard remortgages
  • £999 completion fee
  • Can overpay capital by up to 10% each year, penalty free
  • Tapered early repayment charges (5/5/4/3/2%)
  • Remortgage only

Fees assisted five year fixed rate mortgage at 2.04% up to and including 31st October 2022:

  • 04% fixed up to and including 31st October 2022
  • Available up to 80% LTV
  • Free standard valuation on properties worth up to £1m
  • Fees assisted legal services for standard remortgages
  • £999 completion fee
  • Can overpay capital by up to 10% each year, penalty free
  • Tapered early repayment charges (5/5/4/3/2%)
  • Remortgage only

Fee Saver cashback two year fixed rate mortgage at 2.79% up to and including 31st October  2019:

  • 79% fixed up to and including 31st October 2019
  • Available up to 90% LTV
  • £500 cashback
  • Free standard valuation on properties worth up to £1m
  • No completion fee
  • Can overpay capital by up to 10% each year, penalty free
  • Remortgage only

 

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

The Society won the title of Best Shared Ownership Mortgage Lender in the 2017 What Mortgage Awards, its second consecutive year of success in this category.

Leeds Building Society operates throughout the UK, Gibraltar and Ireland and has assets of £17.3bn at 30th June 2017 (£14.9bn at 30th June 2016). The Society’s head office has been based in the centre of Leeds since 1886.