Leeds Building Society has added three new 90% loan-to-value deals to its range of five-year fixed-rate mortgages, including one for purchasers of the most energy-efficient homes.
The mutual says the offers are:
- A fixed-rate loan at 4.69% for purchase or remortgage, with no completion fee
- A fixed-rate deal at 4.64% for purchase or remortgage, with a £999 completion fee
- And a fixed-rate offer at 4.54% only for the purchase of properties with an energy performance certificate, or predicted energy assessment, rating from A to C, with a £999 completion fee
Leeds Building Society senior mortgage manager Jonathan Thompson says: “Ongoing economic volatility and the rising cost of living are prompting more borrowers to seek out longer-term fixes and the payment security these can offer.”
“When a mortgage tends to be your biggest monthly outgoing, choosing to fix gives certainty which can help with managing the rest of your household budget as bills for utilities and essentials continue to rise.”
Earlier this week, the firm upgraded its broker affordability calculator to allow as much as £11,000 of larger lending for new greener homes.
Last week, the lender launched two new five-year fixed-rate mortgage products at up to 95% LTV aimed at first-time buyers, to support borrowers with smaller deposits.
