Homeowners looking to remortgage and reduce their monthly repayments are being offered a new low-fee mortgage from Leeds Building Society at a rate of 2.09 per cent fixed for two years.
With a fee of just £199, the deal is available on home loans up to 65 per cent LTV (loan to value) and includes a free standard valuation. Remortgagers also benefit from free legal services.
“Two year fixed rate mortgages remain a popular choice in the market at present,” said Martin Richardson, Leeds Building Society’s general manager – business development.
“Our market-leading combination of a low rate of 2.09 per cent and minimal upfront costs makes this deal particularly appealing to homeowners wanting to remortgage to a more competitive rate and reduce their monthly repayments.
“This latest product, which is also available for house purchase, complements our selection of competitive two year fixed rate deals which offer borrowers a choice of fees and benefits to suit their needs, such as free valuations.”