Leeds Building Society has launched a new five-year fixed mortgage, which has stolen a space on the Moneyfacts charts for its competitive rate and terms.
This mortgage has a rate of 2.69% fixed until 31.8.20. It is available at a loan-to-value (LTV) of 80% and has a competitive fee of £999, enabling it to take a coveted place on the Moneyfacts charts.
This mortgage is available to all borrowers with a deposit of 20%. Although there is no incentive package available, all borrowers can benefit from the flexibility of making overpayments and lump sum withdrawals, provided certain conditions are met.
This deal boasts both an appealing rate and a competitive fee, which is likely to make it a cost-effective choice for borrowers with the necessary deposit. The fact that overpayments and lump sum withdrawals are also permitted boosts its appeal even further. This is an outstanding product that fully deserves the highest Moneyfacts rating.
Moneyfacts rating: Outstanding
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