Leeds Building Society has bolstered its mortgage range with a new five-year fixed rate deal, which has been awarded the highest Moneyfacts accolade for its highly competitive rate and terms.
This deal has a fixed rate of 2.74% until 31.5.20, allowing it to sit comfortably in the Moneyfacts charts. It is available at a loan-to-value (LTV) of 75% and has a low fee of just £199.
This mortgage is open to first-time buyers, homemovers and remortgagors with a 25% deposit. All borrowers can profit from a generous incentive package of free valuation (max £950), while remortgagors can also get additional help with costs.
Overpayments of up to 10% of the outstanding balance can be made per year and it is also possible to make lump sum withdrawals, provided permission is obtained.
This latest offering is likely to intrigue borrowers on the lookout for a competitive rate. The additional benefits of an attractive incentive package and a low fee give this deal added lustre and ensure that it will be a strong competitor within its sector. This is an outstanding product that fully deserves the highest Moneyfacts rating.
Moneyfacts rating: Outstanding
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