Leeds Building Society self-cert mortgage provides "even greater choice"
www.moneynews.co.uk > Mortgages > Leeds Building Society self-cert mortgage provides "even greater choice"
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Leeds Building Society self-cert mortgage provides "even greater choice"
Thu 22nd Mar 2007
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Available at a loan-to-value of 80 per cent, the product possesses no higher lending charges, allows ten per cent capital repayments each year without penalty and follows "excellent take-up" on the group's previous self-cert mortgages, according to head of marketing and PR at Leeds, Karen Wint.
Consumers can take out a maximum loan of £300,000 on the Leeds Building Society mortgage, providing they pay an £899 completion fee.
Tapered early repayment charges, reducing by one per cent each year from four per cent of the amount redeemed in the first year of the package, are also available.
Ms Wint said: "Many customers may have income derived from a variety of different sources or do not fit conventional mortgage underwriting criteria and this product allows them even greater choice and the ability to budget."
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