The three year fixed rate product is available at 4.59% for loans up to 95% loan to value for both purchases and remortgages. The product has no completion fees, a free valuation (up to £335) and a free in-house legal service for remortgage clients. A £199 booking fee is payable upon application.
Robert McCoy, senior product and communications manager at SBG, commented:
“This product will help purchasers, in particular first time buyers, along with existing mortgage holders who have been unable to remortgage due to not having a large amount of equity as a result of recent falls in house prices, or the limited availability of high loan to value mortgage products.”
Phillip Coombes, head of intermediary sales at Leeds Building Society, added:
“I’m delighted we are able to continue to support Sesame Bankhall Group’s members through our competitive and innovative products.”
