The Leeds Building Society has added a pair of new two-year fixed rate mortgages to its product range.
The deals are as follows:
- 1.79% with a completion fee of £1,250
- 1.99% with a completion fee of £250.
Each mortgage is available up to 65% LTV (loan to value) and includes a free standard valuation.
Full details are as follows:
Fees Assisted 2 Year 1.79% Fixed Rate Mortgage up to and including 31 March 2016:
- Maximum 65% LTV.
- Interest rate fixed at 1.79% until 31/03/2016.
- No Higher Lending Charge.
- £199 Booking Fee.
- £1,250 Completion Fee.
- Free standard valuation up to £335.
- Free in-house legal services for standard remortgages.
- Tapered early repayment charges of 3% of the amount redeemed in year 1 and 2% in year 2.
- 10% capital repayments are allowed each year.
- Maximum loan of £500,000.
Fees Assisted 2 Year 1.99% Fixed Rate Mortgage up to and including 31 March 2016:
- Maximum 65% LTV.
- Interest rate fixed at 1.99% until 31/03/2016.
- No Higher Lending Charge.
- £199 Booking Fee.
- £250 Completion Fee.
- Free standard valuation up to £335.
- Free in-house legal services for standard remortgages.
- Tapered early repayment charges of 3% of the amount redeemed in year 1 and 2% in year 2.
- 10% capital repayments are allowed each year.
- Maximum loan of £500,000.
“These latest deals for two year fixed rates are among the most competitive on the market,” said Kim Rebecchi, sales and marketing director at Leeds Building Society.
“The low fee option at 1.99%, combined with incentives including free valuation, will appeal to borrowers wanting to minimise their upfront costs. We think these mortgages offer excellent value, whether borrowers are moving home or seeking to remortgage and save money on their monthly repayments.”