Leeds mortgages 'improved'
www.moneynews.co.uk > Mortgages > Leeds mortgages 'improved'
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Leeds mortgages 'improved'
Tue 3rd Apr 2007
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For a completion fee of £699, customers can buy into a fixed interest rate of 5.79 per cent for a loan-to-value (LTV) rate of 5.79 per cent.
The Leeds mortgage also offers customers a slightly higher interest rate for a greater LTV rate.
The group has also launched a similar fee-free package with an interest rate of 6.29 per cent, at a 90 per cent LTV rate.
Both of the Leeds mortgages enjoyed ten per cent in capital repayments each year, with tapered early repayment charges (starting at four per cent of the amount redeemed in the first year), also applying.
"These products offer excellent flexibility for customers who do not have any deposit, or would prefer to keep their savings to furnish their new home," said Karen Wint, head of market and PR.
"We have also launched fee-free versions to help more customers benefit from a fixed-rate mortgage," she added.
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