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.
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.
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.
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.
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