Leek United Building Society has issued a market-leading two-year fixed rate mortgage available directly to borrowers with deposits of 25% and over.
This deal offers a fixed rate of 2.29% to 30.6.15 and has a maximum loan-to-value of 75%.
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.
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.
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