Leeds & Holbeck Building Society will launch a new range of mortgage products available through its Gibraltar branch. The range includes 2, 3, 5 and 10 year fixed rates, including a 5 year fee free fixed rate option, as well as a tracker and discount mortgage. Combined with the products already available the customer will be able to find a mortgage to suit their needs.
Fixed Rate Highlights
2 Year fixed rate
* 5.59% fixed until 1 August 2007
* Available up to 95% loan to value
* No higher lending charge payable up to 90% loan to value
* 10% capital repayments allowed each year
* £299 completion fee*
* Tapered early repayment charge payable during the benefit period of 3% of the amount redeemed in year 1 and 2% of the amount redeemed in year 2
*
* 3 Year fixed rate
* 5.29% fixed until 1 August 2008
* Available up to 95% loan to value
* No higher lending charge payable up to 90% loan to value
* Unlimited capital repayments allowed
* £399 completion fee*
*
* 5 Year fixed rate
* 5.29% up to 90% or 5.69% up to 95% loan to value - fixed until 1 August 2010
* Available up to 95% loan to value
* No higher lending charge
* 10% capital repayments allowed each year
* £399 completion fee*
Tapered early repayment charge payable from 5% of the amount redeemed in year 1 to 2% of the amount redeemed in year 5
