Leeds BS adds two-year 95 per cent LTV mortgages

Leeds BS adds two-year 95 per cent LTV mortgages

 

The lender is not using the government’s mortgage guarantee scheme and relaunched its offering last week with a pair of five-year fixes.

The latest two-year deals come with an interest rate of 3.8 per cent for the £499 fee version and at 3.95 per cent with zero fee.

Both products have a free standard valuation up to £999 and are available for first-time buyers and home movers.

“We recently returned to 95 per cent LTV lending and are now extending our range to offer short term fixed rate mortgages, improving the choice for borrowers and helping more people achieve their dream of owning their own home,” said Matt Bartle, director of products at Leeds Building Society.

“It’s important to us to assist those buyers who are not well served by the wider market, including those with smaller deposits, to allow more people to have the home they want.”