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Leek United to shake up product range

Following the extension of its offer period from three to six months in June, midlands building society Leek United will refresh its product range from Friday 6 July, offering new discounted offers along with six new products.

Significant changes to existing products include the society’s two-year 75 per cent LTV residential mortgage being reduced by 0.15 per cent to 1.34 per cent, and its two-year 75 per cent LTV interest-only mortgage receiving a discount of 0.50 per cent to 1.49 per cent.

The six new products are as follows (all two-year):

  • a 60 per cent LTV residential mortgage at 1.24 per cent;
  • a 95 per cent LTV residential mortgage at 2.49 per cent and £500 cashback;
  • a 65 per cent LTV buy-to-let mortgage at 1.79 per cent and £250 cashback;
  • a 65 per cent LTV buy-to-let mortgage at 1.35 per cent with £995 in fees;
  • a 75 per cent LTV buy-to-let mortgage at 1.99 per cent; and
  • a 75 per cent LTV interest only residential mortgage at 1.80 per cent

Leek United’s head of mortgage sales Clare Beardmore says: “We have reduced the rates and removed fees on several mortgages – and there are some great offers to be had!”

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