Leeds Building Society has launched a range of two and three-year fixed rate products for remortgage customers.
These products are available through both direct and intermediary channels and all offer free standard valuations up to £335 and free in-house legal services for standard re-mortgages.
All the offers have total fees of £999, with a maximum loan size of £500,000.
The interest rate payable depends on product term and the individual’s loan to value (LTV) are as follows:
| 2 year fixed rate | 3 year fixed rate | |
Up to 60% LTV | 2.04% | 2.70% |
Up to 75% LTV | 2.24% | 2.99% |
Up to 80% LTV | 2.49% | 2.99% |
Customers can make 10% capital repayments each year without penalty.
Kim Rebecchi, Leeds Building Society’s sales and marketing director, said: “We are delighted to launch these additional products, which are targeted specifically at those looking to remortgage.
“Rates in the new range start from just 2.04% and are available up to 80% LTV. Both the two and three-year versions are ideal for re-mortgages, as they offer free standard valuations and free in-house legal services for standard re-mortgages, together with total fees of just £999.
“These offers, available through both direct and intermediary channels, provide a fantastic opportunity for those borrowers who wish to lock into the certainty of low fixed repayments. This is combined with the flexibility of 10% capital repayments each year at a very affordable rate.”
