Leeds Building Society has today moved to announce a number of fixed-rate remortgage products, available from today.
Remortgage
Highlights of these new products include:
- 94% fees assisted five-year fixed-rate mortgage, available up to 65% LTV
- 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
Matt Bartle, Head of Product and Pricing at Leeds Building Society, observed: ‘September is traditionally a busy month for remortgages.’
‘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.’[1]
Landlords are being urged to remortgage quickly, before stricter lending criteria is enforced by the Prudential Regulation Authority at the end of September.
[1] http://www.propertyreporter.co.uk/finance/leeds-announce-new-fixed-rate-products.html