Home Loans and Mortgages – Leeds Building Society
Leeds Building Society offers home loans and mortgage services to UK residents only. If you are interested in applying for a Leeds Building Society mortgage, you should be at least 18 years old. Your application will be approved if you meet a wide range of criteria pertaining to financial status, eligibility, credit history, and others. Leeds Building Society mortgage products for Buy to Let homes are governed by the Consumer Credit Act of 1974, not the Financial Services Authority (FSA) of UK.
Chiefly concerned with providing high quality savings products, general insurance, and mortgage products, Leeds Building Society comes under the Financial Ombudsman Service. Your dealings with this institution might be recorded for training purposes and to ensure that you are indeed getting the best service you deserve. Leeds Building Society is licensed and regulated by the FSA, and you can check this for yourself by simply visiting www.fsa.gov.uk.
Here is a brief overview of some interesting Leeds Building Society home loans and mortgages.
Homeowner Loan
You can apply for a homeowner loan at Leeds Building Society easily and quickly. The monthly repayments are affordable and the interest rate is a variable 5.69 percent. You just need to contact Leeds Building Society on phone if you want the funds to build your house, refurbish your kitchen or bathroom, or buy a new car.
Leeds Building Society offers loans at competitive rates, enables easy monthly pay offs, and offers excellent customer care service. You can apply either online or via phone, and as soon as you apply, Leeds Building Society sets to work appraising your financial status and property valuation.
All you need to do is visit your local branch of Leeds Building Society or call 08450 50 22 30.
Fixed Rate Mortgages
Leeds Building Society offers 5-year and 3-year fixed rate mortgages, enabling you to pay the same rate of interest every month for a fixed period of time. The rate of interest never fluctuates no matter what.
Special Features
You will get a discounted mortgage product if you take a HomeCover insurance policy with Leeds Building Society. As a Leeds customer, you can avail of remortgage legal services worth £250 absolutely free of charge on certain remortgage products.
If you are loyal customer of Leeds Building Society, you become part of the Loyalty Reward Mortgage Scheme and enjoy excellent benefits such as quick application, free mortgage advice, and so on.
This fiscal year, Leeds Building Society has decided to increase its lending target by 25 percent. Last fiscal year, Leeds Building Society raked in pre-tax profits of £42.2 million, and if they succeed in meeting their target, they will rake in more profits this year.
Recently, Leeds has modified its fixed rate mortgage product to create a brand new product that provides considerable flexibility while simultaneously protecting you from hikes in base interest rates. You can also research another brand new Leeds mortgage product—a shared ownership product aiming to make life easier for consumers dreaming of owning a house.