Fix it with Leek United - Mortgages - News - Moneyfacts

News

Fix it with Leek United

Fix it with Leek United

Category: Mortgages

Updated: 06/07/2009
First Published: 06/07/2009

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 It is now over 6 months old so the content may be out of date.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 has launched a new two year fixed rate mortgages for direct business only.

The product offers a rate of 3.39% to 30.9.11, a maximum loan-to-value (LTV) of 75% and a fee of £1,495.

Meanwhile, the building society has trimmed its five year fixed range with the removal of the 75% LTV option of 4.99%.

The new rate is the cheapest two year product available and, despite its fairly hefty fee, is well worth consideration, especially against a backdrop of increasing fixed rates.

The new mortgage has deemed worthy of four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.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On 31 December, phase two of the Help to Buy initiative will be withdrawn from the market.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