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Mortgages From the Friendlier Face of Finance

Mortgages by Leek United

As the Friendlier Face of Finance, we have gathered over 150 years of experience delivering reliable mortgages which meet the needs of our customers.

Our team of Qualified Mortgage Advisers are available to support you throughout the whole process, helping you choose the right mortgage for your circumstances from our competitive range of products.

Obtaining a mortgage can be an exciting time for most people - whether you are getting the keys to your first home, improving your existing home or arranging your finances for the future.  Whatever the reason, we are here to help you.

Residential Mortgage Products Available

Fixed Rate Mortgages

A fixed rate for a set amount of time, providing you with stability and guaranteeing your monthly repayment amount, regardless of any changes in interest rates.

Once this fixed period ends, your mortgage rate will change back to our Standard Variable Rate (SVR) at the current rate at this time.

Product Product Fee Application Fee Initial Rate Reverting to standard variable rate currently Overall cost for comparison Terms and Conditions
1337 5 Year Fixed Rate - up to 85% Loan to Value WITH £400 CASHBACK £1395 £100 2.75% Fixed until 31 January 2026 5.19% 4.6% Annual Percentage Rate of Charge (APRC)* View
1338 5 Year Fixed Rate - up to 85% Loan to Value WITH £400 CASHBACK £0 £0 3.05% Fixed until 31 January 2026 5.19% 4.6% Annual Percentage Rate of Charge (APRC)* View
1336 2 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK £1395 £100 1.70% Fixed until 31 January 2023 5.19% 4.8% Annual Percentage Rate of Charge (APRC)* View
1335 5 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK £0 £0 2.35% Fixed until 31 January 2026 5.19% 4.4% Annual Percentage Rate of Charge (APRC)* View
1334 5 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK £1395 £100 1.92% Fixed until 31 January 2026 5.19% 4.3% Annual Percentage Rate of Charge (APRC)* View

* The actual rate available will depend upon your circumstances, please ask for a personalised illustration.

Completion must take place on or before 31 January 2021. Please note that if your mortgage does not complete by 31 January 2021, you will not benefit from the full fixed rate period quoted for that product.
 

Representative Example (based on a house purchase):

The Annual Percentage Rate of Charge (APRC) varies with the circumstances of each mortgage. Here is a representative example of a loan secured on your main residential property: A mortgage of £250,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a fixed rate for 2 years fixed at 1.70% and then on our Standard Variable Rate (SVR) of 5.19% (variable) for the remaining 23 years you would pay:

1 monthly repayment of £11.64, followed by
24 monthly repayments of £1,022.10, followed by
276 monthly repayments of £1,445.73

The total amount payable would be £425,198.52 made up of the loan amount of £250,000.00 plus interest (£173,563.52) with an application fee of £100, product fee of £1395, a funds transfer fee of £20 and legal fee of £120. The overall cost for comparison is 4.6% APRC representative.

Please note: the example above is for a residential property purchase only and assumes a payment date of 1st of the month. If you choose to pay your mortgage later in the month this will affect payments and could result in a higher APRC. For product transfers, re-arrangement and additional borrowing applications, certain fees do not apply. Please speak to your mortgage adviser for further details.

Discount Mortgages

A discount mortgage is a type of variable-rate mortgage. The term 'discount' is used because the interest rate is set at a certain 'discount' below our Standard Variable Rate (SVR) for a set period of time.

Having a discount mortgage means you can be sure that your rate will always remain below our SVR for the length of the deal.

Product Product Fee Application Fee Initial Rate Reverting to standard variable rate currently Overall cost for comparison Terms and Conditions
1339 2 Year Discount - up to 80% Loan to Value WITH £400 CASHBACK £0 £0 1.90% Variable for 2 years (our standard variable rate minus 3.29% discount) 5.19% 4.8% Annual Percentage Rate of Charge (APRC)* View

* The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
 

Representative Example (based on a house purchase):

The Annual Percentage Rate of Charge (APRC) varies with the circumstances of each mortgage. Here is a representative example of a loan secured on your main residential property: A mortgage of £125,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a discounted variable rate of 1.90% (equal to 3.29% discount off our Standard Variable Rate) for 2 years and then on our Standard Variable Rate (SVR) of 5.19% (variable) for the remaining 23 years you would pay:

1 monthly repayment of £110.62, followed by
24 monthly repayments of £522.95, followed by
276 monthly repayments of £724.10

The total amount payable would be £212,653.02 made up of the loan amount of £125,000.00 plus interest (£87,513.02) a funds transfer fee of £20 and legal fee of £120. The overall cost for comparison is 4.6% APRC representative.

Please note: the example above is for a residential property purchase only and assumes a payment date of 1st of the month. If you choose to pay your mortgage later in the month this will affect payments and could result in a higher APRC. For product transfers, re-arrangement and additional borrowing applications, certain fees do not apply. Please speak to your mortgage adviser for further details.

Help to Buy

Product Product Fee Application Fee Initial Rate Reverting to standard variable rate currently Overall cost for comparison Terms and Conditions
1327 Help to Buy 2 Year Fixed Rate - up to 75% Loan to Value WITH £400 CASHBACK £0 £0 2.25% Fixed until 30 November 2022 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View

* The actual rate available will depend upon your circumstances, please ask for a personalised illustration.

Completion must take place on or before 30 November 2020. Please note that if your mortgage does not complete by the 30 November 2020, you will not benefit from the fixed rate period quoted.
 

Representative Example (based on a house purchase):

The Annual Percentage Rate of Charge (APRC) varies with the circumstances of each mortgage. Here is a representative example of a loan secured on your main residential property: A mortgage of £125,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a fixed rate for 2 years fixed at 2.25% and then on our Standard Variable Rate (SVR) of 5.19% (variable) for the remaining 23 years you would pay:

1 monthly repayment of £7.68, followed by
24 monthly repayments of £544.17, followed by
276 monthly repayments of £726.22

The total amount payable would be £213,644.48 made up of the loan amount of £125,000.00 plus interest (£88,504.48) a funds transfer fee of £20 and legal fee of £120. The overall cost for comparison is 4.7% APRC representative.

Please note: the example above is for a residential property purchase only and assumes a payment date of 1st of the month. If you choose to pay your mortgage later in the month this will affect payments and could result in a higher APRC. For product transfers, re-arrangement and additional borrowing applications, certain fees do not apply. Please speak to your mortgage adviser for further details.

Buy to Let Mortgage Products Available

Buy to Let Fixed Rate Mortgages

A fixed rate for a set amount of time, providing you with stability and guaranteeing your monthly repayment amount, regardless of any changes in interest rates.

Once this fixed period ends, your mortgage rate will change back to our Standard Variable Rate (SVR) at the current rate at this time.

 

Product Product Fee Application Fee Initial Rate Reverting to standard variable rate currently Overall cost for comparison Terms and Conditions
1340 Buy To Let 2 Year Fixed Rate - up to 65% Loan to Value WITH £400 CASHBACK £1395 £100 1.84% Fixed until 31 January 2023 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View
1344 Regulated Buy to Let 2 Year Fixed Rate - up to 65% Loan to Value WITH £400 CASHBACK £1395 £100 1.94% Fixed until 31 January 2023 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View
1345 Non-homeowner Buy to Let 2 Year Fixed - up to 65% Loan to Value WITH £400 CASHBACK £1395 £100 1.94% Fixed until 31 January 2023 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View
1343 Buy to Let 5 Year Fixed Rate - up to 65% Loan to Value £895 £100 2.08% Fixed until 31 January 2026 5.19% 4.4% Annual Percentage Rate of Charge (APRC)* View
1350 Regulated Buy to Let 5 Year Fixed Rate - up to 65% Loan to Value £895 £100 2.18% Fixed until 31 January 2026 5.19% 4.4% Annual Percentage Rate of Charge (APRC)* View
1351 Non-homeowner Buy to Let 5 Year Fixed Rate - up to 65% Loan to Value £895 £100 2.18% Fixed until 31 January 2026 5.19% 4.4% Annual Percentage Rate of Charge (APRC)* View
1341 Buy to Let 2 Year Fixed Rate - up to 65% Loan to Value £0 £0 2.25% Fixed until 31 January 2023 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View
1346 Regulated Buy to Let 2 Year Fixed Rate - up to 65% Loan to Value £0 £0 2.35% Fixed until 31 January 2023 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View
1347 Non-homeowner Buy to Let 2 Year Fixed - up to 65% Loan to Value £0 £0 2.35% Fixed until 31 January 2023 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View

* The actual rate available will depend upon your circumstances, please ask for a personalised illustration.

Completion must take place on or before 31 January 2021. Please note that if your mortgage does not complete by 31 January 2021, you will not benefit from the full fixed rate period quoted for that product.

Representative Example (based on a Non-portfolio Investment property):

The Annual Percentage Rate of Charge (APRC) varies with the circumstances of each mortgage. Here is a representative example of a loan secured on your investment property: A mortgage of £250,000.00 on a interest only basis payable over 25 years initially on a fixed rate for 2 years fixed at 1.84% and then on our Standard Variable Rate (SVR) of 5.19% (variable) for the remaining 23 years you would pay:

1 monthly repayment of £12.60, followed by
24 monthly repayments of £382.76, followed by
276 monthly repayments of £1,076.75
1 final repayment of £250,000.00

The total amount payable would be £558,016.84 made up of the loan amount of £250,000.00 plus interest (£306,381.84) with an application fee of £100, product fee of £1395, a funds transfer fee of £20 and legal fee of £120. The overall cost for comparison is 4.9% APRC representative.

Please note: the example above is for an investment property purchase only and assumes a payment date of 1st of the month. If you choose to pay your mortgage later in the month this will affect payments and could result in a higher APRC. For product transfers, re-arrangement and additional borrowing applications, certain fees do not apply. Please speak to your mortgage adviser for further details.

Buy to Let Discount Mortgages

A discount mortgage is a type of variable-rate mortgage. The term 'discount' is used because the interest rate is set at a certain 'discount' below our Standard Variable Rate (SVR) for a set period of time.

Having a discount mortgage means you can be sure that your rate will always remain below our SVR for the length of the deal.

Product Product Fee Application Fee Initial Rate Reverting to standard variable rate currently Overall cost for comparison Terms and Conditions
1342 Buy to Let 2 Year Discounted Rate - 65% Loan to Value WITH £400 CASHBACK £0 £0 2.15% Variable for 2 years (our standard variable rate minus 3.04% discount) 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View
1348 Regulated Buy to Let 2 Year Discount - up to 65% Loan to Value WITH £400 CASHBACK £0 £0 2.25% Variable for 2 years (our standard variable rate minus 2.94% discount) 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View
1349 Non-homeowner Buy to Let 2 Year Discounted Rate - up to 65% Loan to Value WITH £400 CASHBACK £0 £0 2.25% Variable for 2 years (our standard variable rate minus 2.94% discount) 5.19% 4.9% Annual Percentage Rate of Charge (APRC)* View

* The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
 

Representative Example (based on a Non-portfolio Investment Property):

The Annual Percentage Rate of Charge (APRC) varies with the circumstances of each mortgage. Here is a representative example of a loan secured on your investment property: A mortgage of £125,000.00 on a interest only basis payable over 25 years initially on a discounted variable rate of 2.15% (equal to 3.04% discount off our Standard Variable Rate) for 2 years and then on our Standard Variable Rate (SVR) of 5.19% (variable) for the remaining 23 years you would pay:

1 monthly repayment of £125.17, followed by
24 monthly repayments of £223.57, followed by
276 monthly repayments of £538.37
1 final repayment of £125,000.00

The total amount payable would be £279,220.97 made up of the loan amount of £125,000.00 plus interest (£154,080.97) a funds transfer fee of £20 and legal fee of £120. The overall cost for comparison is 4.9% APRC representative.

Please note: the example above is for an investment property purchase only and assumes a payment date of 1st of the month. If you choose to pay your mortgage later in the month this will affect payments and could result in a higher APRC. For product transfers, re-arrangement and additional borrowing applications, certain fees do not apply. Please speak to your mortgage adviser for further details.

Call us free between 9am - 5pm (Monday - Friday) on 0808 169 6680 to make an appointment with one of our Qualified Mortgage Advisers.

Appointments available between:

8am - 7pm Monday - Thursday

8am - 5pm - Friday

9am - 4pm - Saturday

If you call outside these hours please leave a message and we will call back as soon as possible during office hours.

Make an appointment with a Qualified Mortgage Adviser or call 0808 169 6680

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE