Leek United is doubling the cashback incentive on one of its latest new mortgages from this week.
The 95% Loan To Value (LTV) Fixed Rate Residential Mortgage (Product number 1111) was one of the highlights of a range of new mortgage products launched by the Society earlier this month.
Now, the offer’s original £500 cashback incentive is being increased to £1,000, with from Thursday 24 May.
Clare Beardmore, Leek United’s Head of Mortgage Sales, said: “Coupled with a competitive rate – fixed until 31 August 2020 – for both first and second-time buyers, and with no application/product fees, this makes an already competitive offer even more attractive.
“It’s available for new-build properties – with just 28 days from application to offer^ for any new-build customers – and gives homebuyers an extra cash boost just when they’re likely to need it the most.
“For first-time buyers especially, an extra £1,000 goes a long way towards helping with their legal fees, for instance.”
Leek United’s recently revamped mortgage range also includes other Two-Year Fixed and Discounted Rate Residential deals, Five-Year Fixed Residential and Buy-To-Let offers, and a Two-Year Fixed Rate Mortgage for residential new build properties.
For full details of all Leek United mortgages, visit: https://www.leekunited.co.uk/intermediaries/residential-mortgage-intermediary-products/Back to news