Leeds BS gets top marks for 5-yr mortgage | Product News - Moneyfacts

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Leeds BS gets top marks for 5-yr mortgage

Leeds BS gets top marks for 5-yr mortgage

Category: Mortgages
Date: 13/01/2015

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 It is now over 6 months old so the content may be out of date.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 reduced the price of selected fixed rate mortgages. One of the deals to benefit is its five-year fixed rate product, which has received a five-star rating as a result.

The basics…

This mortgage now has a competitive rate of 3.04% fixed until 31.3.20. It is available at a loan-to-value (LTV) of 80% and has absolutely no product fees.

The finer details…

First-time buyers, homemovers and remortgagors are all welcome to apply for this deal, provided they have a 20% deposit. All borrowers can benefit from a welcome incentive package of free valuation (max £560) while those looking to remortgage can also profit from additional help with costs.

Repayment flexibility is offered with the option to make overpayments of up to 10% of the outstanding balance. It is also possible to make lump sum withdrawals subject to approval from the lender.

Why we like it…

This mortgage offers a great all-round deal, which is sure to appeal to borrowers. The rate is competitive, but it is the absence of any product fees and the generous incentive package that really makes this mortgage stand out. The flexible repayment options also add extra sparkle and ensure this deal's status as a Moneyfacts best buy.

The highest accolade of five Moneyfacts Stars has been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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