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Leeds Building Society – Base Rate Tracker

Leeds Building Society

Base Rate Tracker

Type: Tracker mortgage

Tracker term; Until January 31, 2009

Tracker rate; 0.14% above Bank of England base rate

Payable rate: 4.64%

Minimum loan; 25,000

Maximum loan; up to 90% subject to a maximum of 300,000, up to 85% of valuation subject to a maximum of 400,000, up to 80% subject to a maximum of 500,000

Income multiples: Based on affordability and credit score

Conditions: Capital repayments of up to 10% a year allowed without penalty

Arrangement fee: 695

Redemption fee: 4% of the amount repaid in year one, 3% in year two and 2% in year three

Introducers fee: Refer to lender

Tel: 01543 418104


Hutton responds to Turner: Nothing ruled out

Work and Pensions Secretary John Hutton has responded to the Turner Report, welcoming the broad framework of the proposals and emphasising the Government has ruled nothing out.Hutton told the House of Commons future Government policy will depend on meeting five key tests: personal responsibility, fairness, affordability, simplicity and sustainability.He committed the Government to producing a […]

Hutton calling on advisers to join pension reform debate

Work and Pensions Secretary John Hutton wants IFAs to contribute to the consultation and discussion on pension reform after the Turner report, emphasising the important role played by advisers. He said the report will mark the start of a debate that will lead to the publication of Government proposals next spring. Hutton told delegates that […]

Questionable behaviour

The Diary is to launch an official protest into the shoddy treatment afforded to MM’s quiz team at the Alliance & Leister pub quiz. Leading throughout, the team mysteriously dropped to second place, behind a team of Hollyoaks reject types from a mortgage rag, even after a perfect score in the mortgage round, with a […]

‘Another waste of time that will be consigned to dustbin of history’

Leading IFA commentators are sceptical about whether the Government will imple-ment any of Turner’s planned sweeping changes to the pension system. Informed Choice managing director Nick Bamford says the report will be consigned to the dustbin of history, similar to the fate of the Department for Work and Pensions-sponsored 2002 report by Alan Pickering. Bamford […]


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