View more on these topics

Leeds launches five-year fixed range

Leeds Building Society has launched a five-year fixed rate range with rates from 4.85% which includes a range of fee-assisted deals.

No higher lending charges are applicable on the products and the range allows for 10% capital repayments each year without penalty.

The products, which are all available direct only, include a 4.85% deal available from 61% LTV and 80% LTV and a 5.49% at between 81% and 85% LTV.

The booking fee for both deals is £199 and there is a £800 completion fee on loans up to £500,000.

Rate includes 0.24% discount for taking the society’s home cover insurance.

The fee-assisted deals include a 5.20% deal at up to 60% LTV, a 5.35% product at between 60% LTV and 80% LTV and a 5.99% rate at between 80% LTV and 85% LTV.

There is still a £199 booking fee but there is no completion fee.

Fee-assisted products come with a free standard valuation up to £335 and free in-house legal services for standard remortgages.

Recommended

DAVID FINLAY,INTERMEDIARY BUSINESS DIRECTOR, BARCLAYS

Duty change could be hard to monitor

The Budget has dominated the news agenda in recent weeks and as usual the custodian of the battered red briefcase has managed to combine a couple of small pats on the back with a far greater number of howls of derision. When looking at the impact on the mortgage market there is one obvious headline-grabbing […]

Number of desperate sellers is rising

The number of distressed home sellers contacting property reco-very firm Property Portfolio Rescue in Q1 2010 was 20% higher than in Q1 2009. The company says some of those who were previously only marginally affected by the downturn are now being tipped over the edge, falling into debt and mortgage arrears as they underestimated the […]

House prices increased in March

Property prices rose by 0.7% in March, largely reversing the 0.8% drop recorded in February. Figures from Nationwide Building Society show that the average UK house price stood at £164,519 in March compared with £161,320 the previous month. According to the lender prices are now 9% higher than a year ago. Martin Gahbauer, chief economist […]

CHL recognised as one of the top firms to work for

Specialist lender CHL Mortgages achieved top 20 status at this year’s Sunday Times Best Companies Awards and managing director Bob Young attributes the achievement to the enthusiasm of his 112 staff. For the record, employees enjoy a benefits package that includes private healthcare, childcare vouchers, life assurance, optional dental cover and a free confidential helpline […]

Newsletter

News and expert analysis straight to your inbox

Sign up