Leeds Building Society two-year discount mortgage 'ideal for remortgagers'

Date:Wednesday 17th November 2010
Author: Susanna Kavka

The new Leeds Building Society two-year discount mortgage may be a good fit for remortgagers, according to the company.

It suggested the free valuation and in-house legal services featured in the arrangement are sure to be appreciated by such customers.

Sales and marketing director Kim Rebecchi pointed out that clients can get advice from advisers in-branch regarding their situation.

The Leeds Building Society two-year discount mortgage is available at 2.8 per cent interest at up to 75 per cent loan to value (LTV).

She claimed the deal is especially good value, since it offers the flexibility of being able to make ten per cent capital repayments annually without incurring a fee.

"The product is fully portable, so if customers do wish to move during the term they can take the mortgage with them," added Ms Rebecchi.

This week, the firm also unveiled a five-year fixed-rate agreement at 3.89 per cent interest for 75 per cent LTV deals, with higher interest rates charged on 80 per cent and 85 per cent versions.