Leek United Building Society has introduced a highly competitive five-year discounted mortgage to the market, earning it the top accolade and a prized place in the charts due to its eye-catching terms.
This mortgage has a discounted variable rate of 2.55% (2.64% disc) for five years, the lowest rate currently available for its terms. It is offered at a loan-to-value (LTV) of 90% and has a low fee of £199.
All borrowers with modest deposits of 10% are welcome to apply for this deal, which allows both regular and lump sum repayments.
This newcomer has made waves in the charts thanks to its highly attractive rate, which has secured it a proud place in the charts. Borrowers with modest deposits are likely to appreciate its affordability and flexibility, as it has a low fee and the option to make overpayments. In short, this is an outstanding mortgage that fully deserves the highest Moneyfacts rating.
Moneyfacts rating: Outstanding
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