New Help to Buy deal from Leeds Building Society

Leeds Building Society is launching a new build Help to Buy two year fixed rate mortgage with a rate of 2.50 per cent and a low fee.

The new deal is the latest from the Society under the government’s Help to Buy Equity Loan scheme and customers can borrow 95 per cent of the value of their share in the property.

The Help to Buy two year fix, which is available from Thursday 17^th April, comes with a range of benefits including a low fee of £199 and a free standard valuation up to £335. It is available in England, Scotland and Wales.

“This is a market-leading rate for a Help to Buy mortgage and we expect it to be very popular,” said Martin Richardson, Leeds Building Society’s general manager – business development.

“In addition, the benefits of a low £199 fee and a free valuation reduce upfront costs for the type of borrowers that Help to Buy was introduced to support.”