Mortgage from Leeds BS gets top marks | Product News - Moneyfacts

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Mortgage from Leeds BS gets top marks

Mortgage from Leeds BS gets top marks

Category: Mortgages
Date: 05/11/2014

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 It is now over 6 months old so the content may be out of date.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 by 0.25%, securing it a coveted spot in the Moneyfacts charts.

The basics…

This mortgage now has a highly competitive rate of 2.44% fixed until 31.10.17 at a loan-to-value (LTV) of 80%. A low fee of just £199 is payable.

The finer details…

This deal is available to first-time buyers, home movers and remortgagors with a 20% deposit. All borrowers can benefit from an incentive package of free valuation (max £335) while those looking to remortgage can also benefit from free legal fees.

Borrowers have the option to make overpayments of up to 10% of the outstanding balance per year. It is also possible to make lump sum withdrawals subject to approval.

Why we like it…

This mortgage offer boasts an attractive rate and, when combined with the competitively low fee, is bound to catch the eye of eager borrowers. The repayment flexibility and the generous incentive package are welcome bonuses and ensure that this mortgage merits its place among the top 10 of its sector.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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