Leeds BS reduces intermediary mortgage rate | Product News - Moneyfacts

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Leeds BS reduces intermediary mortgage rate

Leeds BS reduces intermediary mortgage rate

Category: Mortgages
Date: 03/06/2013

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 It is now over 6 months old so the content may be out of date.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 rate on its two-year fixed-rate mortgage, pushing it to the top of the intermediary mortgage best buy tables.

The basics…

This mortgage offers a rate of 2.34% to 31.8.15 and has a maximum loan-to-value of 75%.

The finer details….

Purchase customers can borrow a minimum of £5,000. The minimum advance for those remortgaging is £25,001.

A booking fee of £199 is required upfront. An additional completion fee of £800 is payable for loans up to £500,000, whilst advances over this amount will be subject to a completion fee of 1% of the borrowing amount.

Borrowers can make overpayments of up to 10% of the outstanding balance if they wish.

Why we like it….

This new look mortgage offers a highly competitive rate to borrowers with deposits of 25% and over. Asserting its place in the two-year fixed rate market, this deal has been awarded four out of five Moneyfacts Stars.

What next?

Compare 2 year fixed rate mortgages
Mortgage repayment calculator

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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