Mortgages

At Leek United Building Society we understand that you may find the prospect of buying your first home or moving house rather daunting, which is why we are here to help you.

We will assist you throughout the whole process and help you choose the correct mortgage product from our competitive range, ensuring it is the right one for you to purchase the house you want at repayments you can afford.

New Customers

We are here to help you through one of the largest financial commitments you are ever likely to make and our professional advisors will work closely with you, giving jargon-free advice, throughout the whole process.

Buy to Let Mortgages

This product is available for new customers wishing to purchase or remortgage an investment property.

Buy to Let 2 year Discount

Fixed Rate Mortgages

This type of mortgage fixes the interest rate for a given period of time thereby guaranteeing that the amount you pay back each month will not change for that period (even if interest rates rise or fall). When the fixed period expires, the mortgage will revert to the society's standard variable rate applicable at that time.

Discount Mortgages

This type of mortgage gives a discount off the society's standard variable rate for a specified period. This means that whether the interest rates go up or down, you will always be paying a reduced rate for the length of the specified discount period.

2-year Discount Mortgage

Tracker

This type of mortgage is basically a variable-rate deal but, instead of the interest rate you pay being based on our standard variable rate (SVR), it is linked to the Bank of England base rate. The interest rate you pay is a set margin above the Bank of England base rate, which means your repayments will change whenever the Bank of England changes its interest rate.

2-year Tracker

First Time Buyer

This type of mortgage is specifically aimed at young people who are trying to purchase their first property. It is for a fixed period of time, thereby guaranteeing that the amount you pay back each month will not change for that period (even if interest rates rise or fall). When the fixed rate expires, the mortgage will revert to the society's standard variable rate applicable at that time. Houses located within the Society’s heartland of Staffordshire, Derbyshire, Cheshire and Shropshire are an accepted type of security.

5-year Fixed Rate - First Time Buyer Mortgage

Standard Variable Rate Mortgages

Some information about Standard Variable Rate Mortgages

Standard Variable Rate Mortgages

Existing Borrowers

You may transfer to another currently available mortgage product at any time subject to the terms and conditions of your current mortgage. We are committed to making the process as straight forward as possible and, with no legal work or revaluation necessary what could be simpler.