New mortgage deals from Leeds, Yorkshire and Skipton

| September 4, 2008 | 0 Comments
New mortgage deals from Leeds, Yorkshire and Skipton

Leeds Building Society is introducing a new range of fixed-rate mortgages.

Rates start at 5.95% and a maximum loan-to-value (LTV) ratio of 90% can be accommodated in the offering of two and three-year fixed-rate home loans.

No fees are applied to three-year fixed-rate deals and the building society is offering in-house legal services for remortgages, plus a free valuation of up to £335 on some loans.

The lender has also launched an offset lifetime tracker and two and three-year fixed-rate buy-to let-mortgages.

Director of sales, Kim Rebecchi, is confident that Leeds is now offering very competitive deals to those who can only muster a 10% deposit.

In related news, Yorkshire Bank’s waiver of its arrangement fees will continue throughout September but only for new customers who remortgage to the bank’s current account mortgages.

Rapid Repay and Flexible Repay customers can benefit from a free valuation during September and will also receive £200 towards legal fees.

Finally, Skipton Building Society is encouraging first-time buyers with its Mutually Exclusive mortgage (available from 15th September) which will lend 95% of a property’s value.

However, applicants will need a supportive family as the high LTV ratio involves the society taking a charge against savings held by relatives within the society.

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