Leeds BS offers new fee-free remortgage deals

Posted on Monday, January 9 by Joy Tibbs

Homeowners looking for a new remortgage deal will now be offered greater choice at Leeds Building Society.

Its new remortgage range includes a two-year fixed-rate deal at 1.55% up to 65% loan-to-value (LTV); a two-year fixed-rate deal at 1.60% up to 75% LTV; and a five-year fixed-rate mortgage at 2.19% up to 75% LTV.

Each of these fixed-rate remortgage deals comes with a free valuation and fees-assisted legal services. There are no product fees with the new deals.

Jaedon Green, Leeds Building Society’s director of product and distribution, says: “Demand for remortgages remained strong during 2016 and continued to grow as a proportion of the mortgage market throughout last year.

“We expect that trend will continue as homeowners look to take advantage of the historic low interest rate. These latest remortgage-only deals we’ve launched have no fees, which is an added incentive to switch to a better deal.

“Even if your current mortgage has early repayment charges, it’s worth looking at whether remortgaging to a lower rate could save you money overall by bringing down your monthly repayments, and even help you to pay off your mortgage sooner.”

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