You are here: Home - News -

Leeds BS launches five-year fixes up to 95% LTV

by:
  • 21/12/2011
  • 0
Leeds BS launches five-year fixes up to 95% LTV
Leeds Building Society has increased the maximum LTV on its five-year fixed rate mortgage to 95%, with fees assisted options on offer.

The direct-only deals are priced at 4.94% up to 90% LTV and 5.99% up to 95% LTV, fixed until 28 February 2017, with a £199 booking fee and £800 completion fee.

The fees-assisted options are priced at 5.34% up to 90% LTV and 6.39% up to 95% LTV, with no completion fee, a free valuation and free legals on remortgages, and a £199 booking fee.

All deals have no higher lending charge, allow 10% capital repayments each year without penalty and have tapered early repayment charges of 5% in years one and two, 4% in year three, 3% in year four and 2% in year five.

Kim Rebecchi, sales and marketing director at Leeds Building Society, said: “These deals deliver certainty and peace of mind on what is often the biggest monthly outgoing for many households, at a very affordable rate and at a time when people are seeing other bills continue to rise.

“We have significantly increased our lending this year and believe that these products will stimulate further homeownership at an affordable rate and support the wider economy.”

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
/IMG/064/191064/ben-thompson-1.jpg
Bank of Mum and Dad “unsustainable”

The mortgage industry and government must do far more to support the so-called Bank of Mum and Dad, with parents...

Close