Leeds Building Society Mortgage with £1,000 cashback. A great 5 year fixed for First Time Buyers with a 3.69% rate.
Buying a property is expensive and it is not uncommon for unexpected costs to arise. Leeds Building Society Mortgage with £1,000 cashback may have the answer to your concerns. They will give you back £1,000 on completion of the mortgage, to spend how you choose, which should go along way to helping to bring down the costs. The product is fixed for 5 years to allow you to budget over the long term.
Initial Rate: 3.69%Subsequent:5.69%The overall cost for comparison is 5.0%
- Features: Fixed until 30/11/2019. For residential properties. Parents can ‘gift’ the deposit.
- Minimum deposit / equity: 30%
- Valuation fee: £25
- Other main lender fees: £199 booking fee. £100 arrangement fee.
- Early repayment charges: 5/5/4/3/2% of the amount redeemed to 30/11/2019
MY COMMENTS: This product is ideally suited to first time buyers who do not have much in the way of savings and are receiving a gift from their parents towards the deposit.
For more information on The Leeds Building Society Mortgage with £1,000 cashback offer please complete the enquiry form on this page or call us on 020 7993 2044.
Rates current as at 19/9/14 . The overall cost for comparison is based on a property value of £250,000 over a 25 year term. Repayment for Residential and Interest only for Buy-to-let. Eligibility will depend on your own personal circumstances.
Key: ERC = Main early repayment charge
Your Home is at Risk if you do not keep up with your mortgage repayments.
Author: Payam Azadi
Payam Azadi is a partner at Niche Advice who are whole of the market Independent Finance Brokers In London. His role is very much focused on Property financing both on residential and commercial lines.
You can call Payam on 020 7993 2044 or alternatively complete the enquiry form so he can personally get in touch with you.
Niche Advice is not tied to any bank, building society, estate agent or insurer and offers Independent Mortgage and Insurance advice.