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Leeds unveils new mortgage range
30 December 2008 14:25
Leeds Building Society has unveiled a range of new mortgages, many of which are aimed at those trying to get a foot on the property ladder.
Included in the new line are reduced rate buy-to-let fixed-rate mortgages, as well as three-year products starting from as a low as 65 per cent loan-to-value.
With repayment rates now beginning at 4.75 per cent, the group has attributed its newly reduced lending fees to its status as a building society, rather than a bank.
General manager of marketing and customer services at Leeds Building Society, Karen Wint, said that the new range of home loans were ideal for both first time buyers and those looking to remortgage.
She added that while many banks were looking to government support to resume lending, it was business as normal for building societies.
Leeds Building Society holds assets valued at over £9.2 billion at almost 70 branches up and down the UK, with the firm being headquartered in Leeds city centre since 1886.
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