The fixed rate mortgage is available, up to and including 31 January 2017, at just 4.29%. The booking fee for this product is £199, with a completion fee of £300. The product allows 10% capital repayments each year, with tapered early repayment charges of 4/4/3/2% of the amount redeemed.
Martyn Smith, Head of Mortgage Products, Legal & General Network says:
"Leeds BS has produced a market leading product that compares favourably to the best 2 year fixed rates currently available at 85% LTV whilst also managing to keep fees low. This exclusive came about directly in response to feedback from our brokers at Legal & General so it is particularly pleasing that we have been able to deliver this to them in conjunction with the excellent team at Leeds Building Society."
Phil Coombes Leeds Building Society’s Head of Intermediary Sales says:
“Once again I am pleased to see that we have been able to listen to the needs of Legal & General, and are able to provide another competitive product that complements the portfolio of products we have. I am sure Legal & General members will find the product suitable for their clients, offering stable payments for four years whilst allowing capital repayments annually.”
