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6733
New mortgage offer to tempt September movers
25/08/2005

With the mortgage market set for the usual busy September activity, Leeds & Holbeck has unveiled a new ten-year mortgage offer to help those looking to secure a long term, stable deal.

With a best buy ten-year fixed rate of just 4.65 per cent, the agreement also comes with no higher lending fee and offers consumers the option of making ten per cent capital repayments every 12 months.

Stuart Fern, product development manager at Leeds & Holbeck, believes that this latest product will prove to be popular among customers, especially for those hoping to move home or switch to a cheaper rate before Christmas.

"This ten-year fixed rate offers outstanding value, with certainty of payments and the flexibility to pay ten per cent of the balance without penalty," he said.

"This is a fantastic opportunity for people to secure a great rate for a long period and I would urge customers to act quickly to avoid disappointment."

For consumers looking to keep an eye on their mortgage applications, the Skipton Building Society new online mortgage tracker could be the answer.

The service enables potential borrowers to keep up to date with the progress of their application and see what stage it has reached. Accessed through Skipton's website, consumers just need to input an account number and postcode to bring up details.

Feedback from the service has indicated that the majority of people prefer the online service to the traditional telephone enquiries, finding it quicker and more efficient.

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