New five star mortgage from Leeds BS | Product News - Moneyfacts

Product News

New five star mortgage from Leeds BS

New five star mortgage from Leeds BS

Category: Mortgages
Date: 21/08/2014

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 It is now over 6 months old so the content may be out of date.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 added a new product to its mortgage family and it's proven to be a tough competitor, winning a place on the Moneyfacts charts and meriting a five-star rating.

The basics…

This new mortgage is priced at 2.84% until 30.11.16 and is available up to 80% loan-to-value. A booking fee of £199 is charged to secure this rate.

The finer details…

This mortgage offering is available to first-time buyers, second-time buyers and remortgagors with a 20% deposit. Overpayments are possible, but payment holidays and underpayments are not.

A generous incentive package of free valuation fees (up to £335) is available to all applicants. Remortgage customers also benefit from free legal fees and a £500 rebate upon completion.

Why we like it…

This mortgage may not have the most competitive rate in our charts, but it's booking fee of £199 is extremely low when compared with rival products. The comprehensive incentive package is also very attractive, and the £500 rebate for remortgage customers is a definite bonus.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
Close