Leeds Building Society has removed the completion fee on its 3-year discount mortgage as the battle for custom continues to heat up.
For the last couple of months, banks and building societies have been slashing rates and launching special offers in a bid to attract homebuyers.
Leeds’ 3-year discount mortgage has a rate of 3.59 per cent up to 75 per cent loan-to-value (LTV).
It also features unlimited capital repayments, has no higher lending charge and offers a free standard valuation up to £335.
Phil Coombes, Leeds Building Society’s head of intermediary sales said: “Our 3-year discount mortgage at 3.59 per cent offers good value, particularly when combined with the flexibility of unlimited capital repayments without penalty and no higher lending charge.
“We are also pleased to have removed the completion fee on this product, and the Society is now offering a free standard valuation up to £335 to those clients who require help with up-front costs.”
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