Leeds Building Society debuts two 95% LTV loans Mortgage Strategy

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Leeds Building Society has added two 95% loan-to-value mortgages to its range of deals for homebuyers with smaller deposits, such as first-time buyers.  

The mutual says the new 95% LTV deals are a two-year fixed-rate loan at 5.57%, with no completion fee; and a two-year fixed-rate offer at 5.37%, with a £999 completion fee.  

Key product information includes:  

Two-year fixed-rate loan at 5.57% (up to and including 30 June 2025)  

  • No completion fee  
  • 10% capital overpayments allowed each year without penalty  
  • Tapered early redemption charges of 2.5% / 1.5% of the amount redeemed  

Two-year fixed-rate deal at 5.37% (up to and including 30 June 2025)  

  • 10% capital overpayments allowed each year without penalty  
  • Tapered early redemption charges of 2.5% / 1.5% of the amount redeemed  

Each loan is available for purchase only and comes with a free standard valuation. 

The lender has also launched a two-year fixed-rate loan at 4.62% (up to and including 30 June 2025)  

  • Available up to 65% LTV  
  • No Completion Fee  
  • Purchase or remortgage  
  • Fees assisted legal service for in-house re-mortgages.  
  • 10% capital overpayments allowed each year without penalty  
  • Tapered early redemption charges of 2.5% / 1.5% of the amount redeemed  

Leeds Building Society senior mortgage manager Jonathan Thompson says: “We consistently see strong demand for higher LTV deals and this traditional product is probably the first type of mortgage many potential FTBs might consider.”  

He adds: “In the current rising rate environment, fixed-rate mortgages remain popular across all LTVs.  

“For that reason, the society also has introduced a new lower LTV two-year fix at 4.62% up to 65% LTV, with no completion fee — for home purchase or remortgage.”  


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