New 5-yr mortgage gets top accolade | Product News - Moneyfacts

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New 5-yr mortgage gets top accolade

New 5-yr mortgage gets top accolade

Category: Mortgages
Date: 05/06/2015

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 It is now over 6 months old so the content may be out of date.

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.

The basics…

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.

The finer details…

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.

Why we like it…

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

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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