2-yr fixed mortgage keeps its chart place | Product News - Moneyfacts

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2-yr fixed mortgage keeps its chart place

2-yr fixed mortgage keeps its chart place

Category: Mortgages
Date: 04/09/2015

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 It is now over 6 months old so the content may be out of date.

Leeds Building Society has amended the rates of selected fixed rate mortgages, but its two-year deal has maintained its place in the Moneyfacts charts thanks to its continuing competitiveness.

The basics…

This deal now has a rate of 2.05% fixed until 30.11.17, enabling it to retain its chart position. It is available at a loan-to-value (LTV) of 80% and has a low fee of £199.

The finer details…

This mortgage is available to all borrowers with a 20% deposit. An incentive package of free valuation (max £560) is offered to all applicants, while those looking to remortgage can also profit from the offer of help towards legal costs.

Overpayments of up to 10% of the outstanding mortgage balance and lump sum withdrawals are also permitted, provided certain conditions are met.

Why we like it…

This deal has maintained its position in the charts thanks to its competitive rate and terms, something that is bound to appeal to borrowers. Those looking to keep upfront costs down will be especially pleased by the generous incentive package and the low fee, which improves the overall value of this deal.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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