New incentives for remortgage customers at Leeds BS

Posted on Monday, July 20 by Joy Tibbs

Leeds Building Society has introduced more home loans with incentives for borrowers who are looking to remortgage.

The latest products come with free valuations, fees-assisted legal services and no arrangement fees so borrowers can minimise the costs of moving to a better remortgage deal.

Highlights include a two-year tracker mortgage at 1.95% available up to 75% loan-to-value (LTV), a two-year discount Help to Buy mortgage at 2.29% up to 75% LTV, and a two-year discount buy-to-let mortgage at 2.35% up to 60% LTV.

“Some lenders will only allow borrowers with an existing mortgage to choose a specific ‘remortgage’ product,” said Martin Richardson, Leeds Building Society’s general manager, business development.

“We don’t restrict borrowers in that way. You can choose a deal from across our range, which offers lots of combinations of LTV levels with different fees and incentives.

“We’ve launched these latest products for remortgagers whose priority is minimising the upfront costs of making the switch.”

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