New Society discount mortgages in ‘Best Buy’ tables

19 July 2018

Two of Leek United's latest mortgages are among the UK’s best summer deals for homebuyers.

The Society’s new Two-Year First-Time Buyer Variable Discounted Mortgage and its Two-Year 75% Loan To Value (LTV) Variable Residential Discount Mortgage immediately featured in national ‘Best Buy’ tables following their launch on Friday 6 July.

The First-Time Buyer Mortgage was given the highest rating – ‘Outstanding’ – by leading financial information source Moneyfacts, as well as featuring in the Financial Times’s and the Times’s ‘Best Buys’; the Two-Year Residential Discounted Mortgage was also rated a ‘Best Buy’ by the Financial Times.

Both mortgages are part of a range of competitive new deals available after Leek United cut the cost of borrowing on several of its portfolio products.

The First-Time Buyer Mortgage is at a discounted rate of 2.49% for two years, while the Two-Year Residential Mortgage offers a discounted rate of just 1.34% with no application/product fees.

Clare Beardmore, Leek United’s Head of Mortgage Sales, said: “We’re delighted that two of our new mortgages are already rated as national ‘Best Buys’ by Moneyfacts. Our latest portfolio includes no fewer than six new products, and we have cut the rates and removed fees on several existing mortgages.”

For full details of all Leek United mortgages, visit: https://www.leekunited.co.uk/mortgages/first-time-buyers/