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Friday, September 20, 2019

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Leek United reveals mortgage rate reductions

Sam Monk | 14:30 Monday 19th August 2019

Leek United has revealed rate reductions for two of its most popular mortgages.

The changes are part of a complete update of the society’s portfolio of mortgage products, which came into effect on 1st August 2019.

Highlights of the reductions included:

  • a two-year fixed rate mortgage, at 1.74%, annual percentage rate of charge 5.3% and 75% LTV
  • a five-year fixed rate residential deal, offering a 3.22% annual percentage rate of charge 5% and 95% LTV
  • a two-year discount mortgage at 2.4% (reduced from 2.59%) annual percentage rate of charge 5.3% and 90% LTV
     

Customers who opened a savings account with the society before 28th February 2017 will receive £200 on completion and also secure a £50 donation for one of four charities that Leek United works alongside.

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