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L&H offers home loan help

7 June 2005

Leeds & Holbeck have released two fixed-rate mortgages, designed to help first-time buyers onto the property ladder.

The three- and five-year fixed rate deals are available for 100 per cent of the value of the property. They both offer a free valuation up to £305 and include no completion fee.

The 100 per cent 3 Year Fixed Rate product carries an interest rate of 5.89 per cent, while the 100 per cent 5 Year Fixed Rate deal is available at 5.79 per cent until September 1st, 2010.

Leeds & Holbeck's head of marketing and PR, Karen Wint, said, "These products are specifically designed to help first time buyers get onto the housing ladder. Customers do not need to find a deposit and both products are fixed, allowing customers to budget effectively, which is particularly important when buying a first home.

"We also offer shared ownership mortgage and, where income may be slightly sort, a guarantor mortgage. There are a number of options available to first time buyers and we believe these products will prove very popular."