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Leeds Building Society launches new fixed-rate deals

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.’

Leeds Building Society launches new fixed-rate deals

 

‘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

 

 

Em Morley:
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