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 Any products featured may be withdrawn by their provider or changed at any time.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