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Leeds BS launches offset deals from 2.80%

by: Mortgage Solutions
  • 06/12/2011
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Leeds BS launches offset deals from 2.80%
Leeds Building Society has reduced the rates on its two-year discount offset mortgage range, with rates from 2.80% up to 75% LTV, and launched a fees-assisted option.

The two-year discount offset range also has rates of 2.95% up to 80% LTV to and 3.65% up to 85% LTV.

The range has a booking fee of £199, completion fee of £800 on loans up to £500,000 and 1% for loans above that, with tapered early repayment charges of 3% in year one and 2% in year two.

The Leeds has also launched a fees-assisted two-year offset discount at 3.19% up to 75% LTV, 3.40% up to 80% LTV and 3.90% up to 85% LTV.

It offers a free valuation up to £335, free legal services on remortgages and no completion fee. The deals have a booking fee of £199.

Phil Coombes, head of intermediary sales at Leeds Building Society, said: “We have looked at this range carefully and, following feedback from clients, delivered some market-leading mortgages. These include fee-assisted discount offset options that provide peace of mind over a two-year period.”

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