Home » Uncategorised »
Leeds Building Society launches new fixed-rate deals
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Leeds Building Society has today moved to announce a number of fixed-rate remortgage products, available from today.
Remortgage
Highlights of these new products include:
- 94% fees assisted five-year fixed-rate mortgage, available up to 65% LTV
- 14% fees assisted five-year fixed-rate mortgage available up to 80% LTV
- 79% fee saver two-year fixed-rate mortgage, available up to 90% LTV, with £500 cashback
Matt Bartle, Head of Product and Pricing at Leeds Building Society, observed: ‘September is traditionally a busy month for remortgages.’
‘Lots of homeowners will have reviewed their finances while they’ve had time off over the summer months and are looking to switch to a new deal which could save them money or even help them to pay off their mortgage sooner.’
Leeds Building Society launches new fixed-rate deals
‘Fixed rates remain the most popular choice and a longer-term deal for five years enables borrowers to lock in and take advantage of the current historically low rates.’[1]
Landlords are being urged to remortgage quickly, before stricter lending criteria is enforced by the Prudential Regulation Authority at the end of September.
[1] http://www.propertyreporter.co.uk/finance/leeds-announce-new-fixed-rate-products.html
