2 New Fixed Mortgage Deals from Leeds BS
Building society offers new fixed rate mortgages with overpayment facility
15th Septmeber 2006
Leeds Building Society has announced 2 new mortgage packages, each with rates fixed at competitive rates.
The first product has a rate of 5.25% fixed until February 2009, with the ability to make unlimited capital repayments, or overpayments, at any time. The product has a maximum Loan-to-value (LTV) of 95%, with loans of over 90% LTV attracting a higher lending charge. There is a completion fee of £595 on properties of up to £500,000, with larger mortgages arranged by negotiation only.
The second mortgage deal has a slightly higher rate of 5.75% fixed for 2 years, but has no completion fee or charges for early repayment. Unlimited overpayments are also allowed without penalty.
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