Leeds BS offers new fee-free remortgage deals
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.”
Remortgage loans drove overall mortgage lending in Wales during the third quarter of 2017, according…Read more »
The total value of privately owned UK housing stock has exceeded £6 trillion for the…Read more »
The 0.25% increase to the Bank of England base rate will mean an average rise…Read more »