View more on these topics

Leeds Building Society slashes rate on 3-year fix

Leeds Building Society has reduced the rate on its 3 year fixed rate
mortgage and fee free version by up to 0.50 per cent.

Previously at 5.39 per cent, the 3-year fixed rate mortgage has been reduced to 4.99 per cent and the the fee free version, which was previously 5.89 per cent is now 5.39 per cent. The products allow unlimited capital repayments without penalty.

Corporate relationship manager Jeff Kirk says: “With some market
commentators predicting that the Bank of England may look to increase base
rate as early as August, we believe these products are extremely attractive. Clients can now lock in good value and secure a rate of under 5 per cent for the
next 3 years. The fee free version will be attractive to clients who are
looking for the peace of mind offered by this type of product and need help
with fees.”

Recommended

Early day motion backs our campaign

Fifty-seven cross-party MPs have signed an early day motion backing Money Marketing’s No Advice No Protection campaign. The EDM was tabled by LibDem small business spokeswoman Lorely Burt in March to highlight concerns over the lack of consumer awareness about direct sales having no redress to the Financial Ombudsman Service. It calls for the Government […]

Govt could face multi-million-pound claims over Hip U-turn

Furious home information pack providers and home inspectors are threatening action to recoup the millions of pounds they have lost after the Government’s dramatic Hip U-turn. Providers say they may seek compensation after the Department for Communities and Local Government last week announced that home condition reports will be voluntary, removing the major component of […]

Merrill Lynch snaps up lender in further mortgage push

Merrill Lynch has bought Freedom Lending, marking its latest push into the mortgage market.Freedom will continue to operate as a specialist lender in the buy-to-let, let-to-buy and self-certification markets. The company will sit alongside Mortgages PLC and will announce a new trading name before the end of the year.Freedom managing director Colin Snowdon says: This […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com