More incentives to remortgage with Leeds Building Society
Leeds Building Society has introduced more home loans with incentives and no arrangement fees for borrowers seeking to remortgage.
Remortgage customers have the choice of any products from the Society’s wide range of mortgages but some borrowers stick with an uncompetitive deal because they are deterred by the perceived cost and inconvenience of switching.
The latest products to be launched come with free valuations, fees assisted legal services and no arrangement fees so borrowers can minimise the costs of moving to a better deal.
- Two year tracker mortgage at 1.95% available up to 75% LTV (loan to value).
- Two year discount Help to Buy mortgage at 2.29% up to 75% LTV.
- Two year discount Buy to Let mortgage at 2.35% up to 60% LTV.
“Some lenders will only allow borrowers with an existing mortgage to choose a specific ‘remortgage’ product,” said Martin Richardson, Leeds Building Society’s General Manager – Business Development.
“We don’t restrict borrowers in that way – you can choose a deal from across our range, which offers lots of combinations of LTV levels with different fees and incentives.
“We’ve launched these latest products for remortgagors whose priority is minimising the upfront costs of making the switch.”