Leek United BS releases ‘outstanding’ mortgage | Product News - Moneyfacts

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Leek United BS releases ‘outstanding’ mortgage

Leek United BS releases ‘outstanding’ mortgage

Category: Mortgages
Date: 27/02/2015

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 It is now over 6 months old so the content may be out of date.

Leek United Building Society has made amendments across its mortgage products, which now includes a highly competitive two-year discounted variable rate deal that has earned an 'outstanding' rating.

The basics…

This mortgage has a variable rate of 1.74% (3.45% discount) for two years, allowing it to hold a comfortable position within the Moneyfacts charts. It is available at a loan-to-value (LTV) of 75% and has a very low fee of £199.

The finer details…

This deal is open to first-time buyers, homemovers and remortgagors with a 25% deposit. All borrowers can benefit from an incentive package of a £250 rebate upon completion and a refunded valuation.

Borrowers are welcome to make overpayments on this mortgage, which gives some welcome repayment flexibility.

Why we like it…

This latest update to Leek United Building Society's mortgage range is very attractive and is sure to pique the interest of borrowers who possess the right deposit. The rate offered by this product is very competitive, while the incentive package of a rebate and a valuation refund sweetens the deal and cements this mortgage's status as a Moneyfacts best buy. This is an outstanding product that fully deserves the highest Moneyfacts 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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