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Exclusive Interest Only products from Leeds.

10 October 2016

Leeds

Leeds have provided exclusive interest only products to all L&G Club members. 

Interest Only and Interest Only Part and Part

  • 1.80% up to 60% LT
  • 1.90% up to 75% LTV
  • 2 Year Fixed
  • £599 fee

Interest Only

  • 2.39% up to 60% LTV
  • 2.55% up to 75% LTV
  • 5 Year Fixed
  • £599 fee

Interest Only and Interest Only Part and Part (P&P) Points to Note:

  • All products allow interest only lending up to 60% LTV.
  • Equity from the sale of property can be used as a repayment strategy.
  • Other repayment strategy options available, see Criteria Guide.

For products available between 61% and 75% LTV:

  • Up to 60% of the value of the property can be borrowed on Interest Only.
  • Customers can borrow up to an additional 15% on Repayment, taking total borrowing up to 75% LTV.
  • The combination of Interest Only and Repayment is the customer’s choice, but the Interest Only element cannot exceed 60% LTV.
  • Sale of the Mortgaged property can be used if the total LTV goes above 60% LTV.
  • Other repayment strategy options available

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