This Friday (6 January) the Leeds Building Society will be adding new remortgage products to its range.
New deals include the following:
- Two-year fixed rate mortgage at 1.55% available up to 65% LTV
- Two-year fixed rate mortgage at 1.60% available up to 75%LTV
- Five-year fixed rate mortgage at 2.19% available up to 75% LTV
These new remortgages come with a free valuation and fees assisted legal services. There is no product fee.
Jaedon Green, the Leeds’ director of product and distribution, said: “Demand for remortgages remained strong during 2016 and continued to grow as a proportion of the mortgage market throughout last year.
“We expect that trend will continue as homeowners look to take advantage of the historic low interest rate. These latest remortgage-only deals we’ve launched have no fees, which is an added incentive to switch to a better deal.”
He added: “Even if your current mortgage has Early Repayment Charges, it’s worth looking at whether remortgaging to a lower rate could save you money overall by bringing down your monthly repayments, and even help you to pay off your mortgage sooner.”
