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Leeds Building Society – Direct Shared Ownership 2 Year Fees Assisted Fixed Rate Mortgage

Leeds Building Society – Direct Shared Ownership 2 Year Fees Assisted Fixed Rate Mortgage

Type: Fixed-rate mortgage for shared ownership

Fixed term: Until March 31, 2014

Fixed rate: 6.49%

Minimum loan: £5,000

Maximum loan: Up to 75% of valuation subject to a maximum of £750,000

Income multiples: Based on affordability

Conditions: One free valuation up to £335, available for up to 100% of the borrower’s share of the property subject to the 75% LTV limit, not available for properties in Scotland

Arrangement fee: £199 booking fee

Redemption fee: 3% of the amount repaid in year one, 2% in year two plus £199 admin fee

Introducer’s fee: None



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Leeds BS launches shared ownership loan through PMS and Sesame

Leeds Building Society has launched a new exclusive two-year fixed rate shared ownership mortgage through PMS and Sesame. The product is fixed at 5.89 per cent until March 31, 2014, with a maximum loan-to-value of 75 per cent and a £199 booking fee. There is no completion fee. PMS senior product and communications manager Robert […]

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