Leek United Building Society has launched two new first-time buyer mortgages.
The first is a two-year fixed rate at 3.79 per cent to 75 per cent LTV.
The second is a two-year discounted mortgage, currently at 3.54 per cent (SVR of 5.44 per cent minus 1.90 per cent).
Both have no valuation fees and £500 cashback on completion.
Leek United head of marketing Lisa Buckley says: “Searching for a mortgage can often be a daunting experience for first-time buyers.
“There’s an overwhelming variety of products out there, as well as having to understand a whole lot of terms and conditions, and doing the necessary ‘number crunching’.
“That’s why we’ve tailored our products specifically for first time buyers, keeping things simple and ensuring they get a great deal right from the start on what is likely to be the most important purchase they’ll ever make in their lives.”