Leeds BS’ five-year mortgage jumps to the top | Product News - Moneyfacts

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Leeds BS’ five-year mortgage jumps to the top

Leeds BS’ five-year mortgage jumps to the top

Category: Mortgages
Date: 05/08/2016

Leeds BS has reduced selected rates across its fixed mortgage range, with its five-year option cut by 0.11%. Combined with a reasonable fee, this has propelled the deal to the top of the Moneyfacts Best Buy charts for its sector.

The basics…

This five-year mortgage now has a rate of 2.04% fixed until 31.10.21, the lowest rate in its sector. It's available at a loan-to-value (LTV) of 65% and comes with a fee of £999.

The finer details…

The deal is offered to all borrowers with the necessary deposit, and gives borrowers the chance to make overpayments and lump sum payments to reduce their mortgage balance.

Why we like it…

The rate cut to this mortgage means it now offers the lowest rate in its sector. Taken together with the reasonable fee and flexibility in overpayments, it fully deserves its Outstanding rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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