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Leeds Building Society – 10-Year Fixed Rate Mortgage

Leeds Building Society – 10-Year Fixed Rate Mortgage

Type: Fixed-rate mortgage

Fixed term: Until February 28, 2022

Fixed rate: 4.99%

Minimum loan: £5,000 for purchase, £25,000 for remortgages

Maximum loan: Up to 80% of valuation subject to a maximum of £750,000

Income multiples: Based on affordability

Conditions: Capital repayments of up to 10% a year allowed without penalty in the fixed-rate period, available direct and through intermediaries

Arrangement fee: £800 completion fee for loans up to £500,000 or 1% of the original loan for loans above £500,000 plus £199 booking fee

Redemption fee: 6% of the amount repaid in the first two years, 5% in years three to six, 4% in years seven and eight, 3% in year none and 2% in year 10 plus £199 admin fee

Introducer’s fee: Refer to lender




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