"Demand for remortgages remained strong during 2016 and continued to grow as a proportion of the mortgage market throughout last year"
According to the lender, amongst the new products will be a two year fixed rate mortgage at 1.55% available up to 65% LTV, a two year fixed rate mortgage at 1.60% available up to 75%LTV and a five year fixed rate mortgage at 2.19% available up to 75% LTV.
All these remortgage deals come with a free valuation and fees assisted legal services. There is no product fee.
Jaedon Green, Leeds Building Society’s Director of Product and Distribution, said: “Demand for remortgages remained strong during 2016 and continued to grow as a proportion of the mortgage market throughout last year.
We expect that trend will continue as homeowners look to take advantage of the historic low interest rate. These latest remortgage-only deals we’ve launched have no fees, which is an added incentive to switch to a better deal.
Even if your current mortgage has Early Repayment Charges, it’s worth looking at whether remortgaging to a lower rate could save you money overall by bringing down your monthly repayments, and even help you to pay off your mortgage sooner.”
