Leeds shared ownership mortgage launched
www.moneynews.co.uk > Mortgages > Leeds shared ownership mortgage launched
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Money News |
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Leeds shared ownership mortgage launched
Tue 8th Nov 2005
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A discount of 1.5 per cent is offered to customers for the first three years of the mortgage and there is no higher lending charge payable.
As the Leeds shared ownership mortgage is aimed at first-time buyers, customers can borrow up to 100 per cent loan-to-value (LTV).
The product may also appeal to those customers wishing to remortgage, as a free in-house legal service is also available.
Leeds is the UK's eighth largest building society with assets of over £6.1 billion and 58 branches.
The society recently changed its name from Leeds & Holbeck.
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