New 10-yr fixed mortgage bounds into charts | Product News - Moneyfacts

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New 10-yr fixed mortgage bounds into charts

New 10-yr fixed mortgage bounds into charts

Category: Mortgages
Date: 10/03/2016

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 It is now over 6 months old so the content may be out of date.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 taken the charts by storm with its new 10-year fixed mortgage, which has earned the top rating thanks to its eye-catching terms.

The basics…

This mortgage has a highly competitive rate of 2.75% fixed until 30.6.26, the lowest rate currently available in its sector. It has a fee of £1,499 and is available at a loan-to-value (LTV) of 65%.

The finer details…

All borrowers with a deposit of 35% are welcome to apply for this deal. Adding to this mortgage's appeal is the fact that it allows overpayments and lump sum withdrawals, provided certain conditions are met.

Why we like it…

Not only does this deal currently boast the lowest rate in its sector, but its repayment options also give it some welcome flexibility. Borrowers who are looking for some extra security with a longer fixed rate deal are therefore likely to pay a great deal of attention to this offer. 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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