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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
1303 5 Year Fixed Rate - up to 80% Loan to Value £0 £0 2.05% Fixed until 30 November 2025 5.19% 4.3% Annual Percentage Rate of Charge (APRC)* View
1300 5 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK £895 £100 1.85% Fixed until 30 November 2025 5.19% 4.3% Annual Percentage Rate of Charge (APRC)* View
1324 5 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK £1395 £100 1.77% Fixed until 30 November 2025 5.19% 4.3% Annual Percentage Rate of Charge (APRC)* View
1322 2 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK £0 £0 2.00% Fixed until 30 November 2022 5.19% 4.8% Annual Percentage Rate of Charge (APRC)* View
1305 2 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK £1395 £100 1.43% Fixed until 30 November 2022 5.19% 4.8% Annual Percentage Rate of Charge (APRC)* View
1309 2 Year Fixed Rate - up to 60% Loan to Value £0 £0 1.60% Fixed until 30 November 2022 5.19% 4.8% Annual Percentage Rate of Charge (APRC)* View
1308 2 Year Fixed Rate - up to 60% Loan to Value WITH £400 CASHBACK £895 £100 1.29% Fixed until 30 November 2022 5.19% 4.8% 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 30 November 2020 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 1.43% and then on our Standard Variable Rate (SVR) of 5.19% (variable) for the remaining 23 years you would pay:

1 monthly repayment of £9.77, followed by

24 monthly repayments of £990.50, followed by

276 monthly repayments of £1,442.34

The total amount payable would be £423,502.61 made up of the loan amount of £250,000.00 plus interest (£171,867.61) 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
1323 2 Year Discount - up to 80% Loan to Value WITH £400 CASHBACK £0 £0 1.80% Variable for 2 years (our standard variable rate minus 3.39% 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 £150,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a discounted variable rate of 1.80% (equal to 3.39% 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 £118.03, followed by
24 monthly repayments of £620.38, followed by
276 monthly repayments of £868.19

The total amount payable would be £254,767.59 made up of the loan amount of £150,000.00 plus interest (£104,627.59) 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 may not apply. Please speak to your Mortgage Adviser for further details.

Top 10 questions we get asked by First Time Buyers

Friendly, face to face support

As the Friendlier Face of Finance, we’re not like other lenders: we assess every application on its merits and get to know you from the moment you first make contact. Our personal service starts from the very beginning, either through face to face meetings or in-depth telephone conversations. With Leek United, you’ll always be a valued customer we know personally – not just a number on a spreadsheet.

Expert advice from Qualified Mortgage Advisers

Fully trained and available over the phone or in every Leek United branch, our team of Qualified Mortgage Advisers help First Time Buyers through every stage of the mortgage process. They’ll meet with you for an initial discussion, listen closely to your needs and circumstances, and guide you through it all until moving day becomes a reality.

Jayne Fallows

Jayne Fallows

Qualified Mortgage Adviser

Call: 0808 169 6680

Liz Jones

Liz Jones

Qualified Mortgage Adviser

Call: 0808 169 6680

Nicola Ledward

Nicola Ledward

Qualified Mortgage Adviser

Call: 0808 169 6680

Laura Bradshaw

Laura Bradshaw

Qualified Mortgage Adviser

Call: 0808 169 6680

Chloe Bason

Chloe Bason

Qualified Mortgage Adviser

Call: 0808 169 6680

Laura Panek

Laura Panek

Qualified Mortgage Adviser

Call: 0808 169 6680

Download our FREE First Time Buyers guide

Designed to help you through the entire process of buying your first home, it covers each stage of the process – from first dreaming about your new property to the nuts-and-bolts of what to do during the first week in your new pad.

Download now

Mortgage FAQs

Find answers to the most commonly asked mortgage questions.

Find out more
Help to Buy

Help to Buy

Help to Buy loans are available for First Time Buyers and home movers who would like to buy a new build property.

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Local Authority Mortgage Scheme

Local Authority Mortgage Scheme

Available through Staffordshire Moorlands, North East Derbyshire & Bolsover District Councils, they are designed to help local First Time Buyers borrow up to 95% of the purchase price. Post code restrictions do apply.

Find out more
Feelgood Mortgage

FeelGood Factor*

If you hold a savings account with us, our FeelGood Factor is the perfect way to help a local charity, get cash back for yourself and end up with a mortgage from your local Building Society. *T&Cs apply

Find out more

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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