New Leeds & Holbeck mortgage

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New Leeds & Holbeck mortgage

A new addition to the Leeds & Holbeck mortgage range has been launched.

The Fee Free 3-year Base Rate Tracker Mortgage offers borrowers a 5.19 per cent (or base rate plus 0.44 per cent) rate of interest and requires a minimum 10 per cent deposit. For customers remortgaging Leeds and Holbeck offer free in house legal services and the building society are charging no higher lending of completion fees.

The society's head of marketing, Karen Wint, said: "These products will prove attractive to both first time buyers and remortgage customers who are looking to benefit from a mortgage without any set up costs.

"We have also recently simplified our processes and made it easier for customers to take out our mortgages. Our new credit scoring system means that, in many cases, we need very little documentation from customers before issuing a formal offer."

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