Please note:

Leeds Building Society only accepts mortgage applications from intermediaries where they are providing an advised sales service, with the exception of Buy to Let & Holiday Let applications. It is the responsibility of the intermediary to ensure that all applicable law including, without limitation, the Financial Conduct Authority rules on advised mortgage sales are complied with including, without limitation, the provision of adequate explanations.

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New ‘Flexit’ mortgages with no ERCs

We’ve launched two new fixed rate mortgages with no early repayment charges (ERCs) or limits on overpayments, providing your clients with increased flexibility.

Matt Bartle, Director of Products at Leeds Building Society, said: “Our new two and five year Flexit fixed rate mortgages provide borrowers with increased flexibility as they have no early repayment charges (ERCs) and the option to make unlimited overpayments, which are usually capped at 10% capital repayments per year.

We know there is demand for these products following the insight and feedback we’ve gathered from borrowers and our intermediary partners. Ongoing economic uncertainty is likely to mean borrowers will be seeking flexibility and these products enable them to keep their options open should their circumstances change.

Increased flexibility is particularly important for those looking to secure their monthly payments, while retaining the ability to make significant overpayments.”

Key Features

Flexit Mortgage 2 Year Fixed Rate – no ERCs
• Fixed at 1.71% up to and including 30 April 2022

• Available up to 75% LTV

• £999 fee

• Free standard valuation

• No ERCs

• Unlimited penalty free capital repayments allowed

• Initial fixed period followed by a 1.25% SVR discount up to and including 30 April 2025

• Fees assisted legal services for standard re-mortgage
Flexit Mortgage 5 Year Fixed Rate - no ERCs
• Fixed at 1.97% up to and including 30 April 2025

• Available up to 75% LTV

• £999 fee

• Free standard valuation

• No ERCs

• Unlimited penalty free capital repayments allowed

Are your clients looking for more flexibility in their mortgage? View products here