Leeds Building Society has added two new products to its remortgaging range for customers who had purchased their homes via the Help to Buy state-backed scheme.
Remortgage customers of Leeds can now get a 2.44 per cent two-year fixed rate mortgage at 75 per cent loan-to-value (LTV) and a 3.14 per cent five-year fixed rate mortgage also at 75 per cent LTV. Both offers come with fees assisted legal services for standard remortgages.
They are an addition to the society’s existing offers under the Help to Buy Equity scheme, available for both home buyers and customers looking to remortgage.
- A two-year discount Help to Buy mortgage at a rate of 1.99 per cent and 75 per cent LTV
- A 2.34 per cent fixed-rate Help to Buy mortgage fixed for two years at 75 per cent LTV
- A 2.99 per cent fixed-rate Help to Buy mortgage fixed for five years at 75 per cent LTV
All Help to Buy products offered by Leeds come with a £199 fee and free valuation and are available through intermediaries.
Help to Buy Equity homeowners can remortgage with Leeds Building Society and retain their existing loan size, subject to valuation, keeping the government equity loan.
Alternatively, they can choose to redeem the government equity loan as part of their remortgage up to 90 per cent LTV and buy the property outright, using any one of the society’s competitive mortgages available up to 90 per cent LTV.
