The Leeds Building Society has launched new fees assisted five-year fixed rate mortgages across a range of loan to values (LTV).
The new deals are as follows:
- 2.50% up to 65% LTV
- 2.65% up to 75% LTV
- 2.69% up to 80% LTV
- 2.94% up to 85% LTV.
Each comes with a low £199 fee and a free valuation, with fees assisted legal services for standard remortgages.
“Longer term fixed rate deals are looking increasingly attractive as the likelihood of a change in the Bank Base Rate has receded again,” said Martin Richardson (pictured), Leeds Building Society’s director of business development.
“With mortgage rates at their current low levels we’re seeing a lot of interest from remortgagors, who can benefit from an extremely competitive rate and the security of fixing their monthly repayments before we enter a rising rate environment.
“These products are also available for home purchase – the 80% LTV deal at 2.69% is proving particularly popular with borrowers with a larger deposit.”