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Leeds Building Society – Shared Ownership 2 Year Fixed Rate

Leeds Building Society – Shared Ownership 2 Year Fixed Rate

Type: Fixed-rate shared ownership mortgages

Fixed term; Until June 30, 2013

Fixed rate: 6.19%

Minimum loan: £5,000 for first time buyers, no minimum for shared ownership

Maximum loan: Up to 75% of valuation subject to a maximum of £750,000, with borrower’s share available up to 95%

Income multiples: Based on affordability

Conditions: Not available for properties in Scotland, available direct and through intermediaries

Arrangement fee: £200 completion fee for loans up to £500,000, 1% of the original loan for loans above £500,000,  £199 booking fee

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

Introducer’s fee: Refer to lender

Contact: www.leedsbuildingsociety.co.uk

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