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The Leeds offers fee-free fixes with cashback

by Kevin Rose
13 February 2018
0
Halifax unveils new mortgage cashback offer
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The Leeds Building Society has revamped its fixed rate mortgage range and introduced new deals with no product fee and cashback of up to £1,000.

The mutual said the changes were made in response to intermediary feedback.

New deals include the following:

  • 1.88% two year fixed rate mortgage with £500 cashback available up to 60% LTV (loan to value)
  • 1.94% two year fixed rate mortgage with £500 cashback available up to 75% LTV
  • 2.19% five year fixed rate mortgage with £1,000 cashback available up to 60% LTV
  • 2.24% five year fixed rate mortgage with £1,000 cashback available up to 75% LTV

All deals include a free standard valuation and no product fee.

Jaedon Green, the Leeds Building Society’s director of product and distribution, said: “The majority of borrowers choose fixed rates, which offer certainty over repayments.

“Mark Carney’s hints last week that the Base Rate is likely to increase sooner and more quickly than previously forecast may prompt homeowners to review their existing mortgage.

“While the latest additions to our fixed rate range are available for purchase and remortgage, the fact they come with cashback and no product fee is an extra incentive for remortgagors looking to switch  and fix while rates remain low, while cashback will help reduce the impact of unexpected costs experienced by most home movers.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

No Result
View All Result
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • COVER
    • General insurance
    • Landlord insurance
    • Protection
      • Critical illness
      • Income protection
      • Group protection
      • Life cover
      • PMI
  • DEBT
  • DISTRIBUTION
  • LOANS
  • RETIREMENT
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Lending into retirement
    • Pensions
    • Retirement borrowing

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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