5 star mortgage launched by Leek United BS - Mortgages - News - Moneyfacts

News

5 star mortgage launched by Leek United BS

5 star mortgage launched by Leek United BS

Category: Mortgages

Updated: 20/02/2013
First Published: 20/02/2013

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Leek United Building Society has issued a market-leading two-year fixed rate mortgage available directly to borrowers with deposits of 25% and over.

The basics…

This deal offers a fixed rate of 2.29% to 30.6.15 and has a maximum loan-to-value of 75%.

The finer details….

Purchase and remortgage customers can borrow between £30,000 and £500,000. A fee of £995 is payable.

Incentives of refunded valuation fees on properties valued up to £500,000 and a £250 rebate upon completion are also offered to all borrowers.

There is also the option to make overpayments of up to 10% of the outstanding balance.

Why we like it….

This mortgage offers a great all-round package for purchase and remortgage borrowers alike. Sitting proudly at the top of the two-year market, the deal has been awarded five out of five Moneyfacts Stars.

What next?

Compare 2 year fixed rate mortgages
Search all mortgages
Mortgage repayment calculator

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Goodbye to the Help to Buy Guarantee

On 31 December, phase two of the Help to Buy initiative will be withdrawn from the market. It’s certainly done wonders for the high loan-to-value sector, so we thought we’d take a closer look at the significance of the scheme and the effect it’s had.

Remortgaging bounces back

Remortgaging has been enjoying a welcome boost in recent months, despite September’s slight dip, with many homeowners capitalising on record low mortgage rates to boost their finances.

Bank of Mum and Dad holds the (house) key

The Bank of Mum and Dad is an important source of finance for many young adults, and it seems that they still hold the key – in more ways than one.
 
Close