Leeds Building Society puts fixed-rate mortgages into new year sale

Thursday, 29 December 2011 11:25

Anyone in need of a home loan may be heading to Leeds Building Society after it announced it is adding its three-year fixed-rate mortgages to the new year sale.

The completion fee of £800 will be removed, while free standard valuations up to £335 will be added and legal services will be free on remortgages.

Altogether, customers could save up to £1,100, making the products market-leading.

As an example, the three-year deal for loan-to-value (LTV) ratios of 75 per cent will have a rate of 3.04 per cent, while those at 85 per cent LTV will have a rate of 3.99 per cent.

Leeds Building Society's Kim Rebecchi said: "The opportunity to minimise the cost of the biggest monthly outgoing will be welcomed and this sale product provides this. These fees assisted products are ideal for purchases and remortgages alike."

Earlier this month, the same provider also announced it has increased LTVs on its five-year fixed-rate mortgages.



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