A rate cut of 0.94% has catapulted Leeds Building Society's five-year fixed-rate mortgage into the best buy tables.
This product offers purchase and remortgage borrowers a rate of 5.69% to 30.9.18 and has a maximum loan-to-value of 95%.
A fee of £199 is payable upfront.
The incentive of a free valuation is offered to all borrowers, whilst those choosing to remortgage can take advantage of free legal fees.
Overpayments of up to 10% of the outstanding balance can be made if borrowers wish.
Offering a good all-round package of a new highly competitive rate, low fee and generous incentives, this deal should appeal to borrowers with small deposits, particularly first-time buyers. Five out of five Moneyfacts Stars have been awarded.
Compare 5 year and over 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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.