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Our competitive fixed rate mortgages mean just that. 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 |
| 1507 POSTCODE RESTRICTED 5 Year Fixed Rate - up to 95% Loan to Value WITH £500 CASHBACK | £0 | £0 | 3.89% Fixed until 30 November 2026 | 5.19% | 4.7% Annual Percentage Rate of Charge (APRC)* | View |
| 1506 POSTCODE RESTRICTED 2 Year Fixed Rate - up to 95% Loan to Value WITH £500 CASHBACK | £0 | £0 | 3.84% Fixed until 30 November 2023 | 5.19% | 5.0% Annual Percentage Rate of Charge (APRC)* | View |
| 1559 5 Year Fixed Rate - up to 90% Loan to Value WITH £400 CASHBACK | £0 | £0 | 2.80% Fixed until 31 January 2027 | 5.19% | 4.2% Annual Percentage Rate of Charge (APRC)* | View |
| 1560 5 Year Fixed Rate - up to 90% Loan to Value WITH £400 CASHBACK (Min loan £100,000) | £995 | £0 | 2.60% Fixed until 31 January 2027 | 5.19% | 4.2% Annual Percentage Rate of Charge (APRC)* | View |
| 1557 2 Year Fixed Rate - up to 90% Loan to Value WITH £400 CASHBACK | £0 | £0 | 2.42% Fixed until 31 January 2024 | 5.19% | 4.7% Annual Percentage Rate of Charge (APRC)* | View |
| 1563 5 Year Fixed Rate - up to 85% Loan to Value WITH £400 CASHBACK (Min loan £100,000) | £0 | £0 | 2.35% Fixed until 31 January 2027 | 5.19% | 4.1% Annual Percentage Rate of Charge (APRC)* | View |
| 1564 5 Year Fixed Rate - up to 85% Loan to Value WITH £400 CASHBACK (Min loan £100,000) | £995 | £0 | 2.15% Fixed until 31 January 2027 | 5.19% | 4.0% Annual Percentage Rate of Charge (APRC)* | View |
| 1561 2 Year Fixed Rate - up to 85% Loan to Value WITH £400 CASHBACK (Min loan £100,000) | £0 | £0 | 2.10% Fixed until 31 January 2024 | 5.19% | 4.7% Annual Percentage Rate of Charge (APRC)* | View |
| 1562 2 Year Fixed Rate - up to 85% Loan to Value WITH £400 CASHBACK (Min loan £100,000) | £995 | £0 | 1.60% Fixed until 31 January 2024 | 5.19% | 4.6% Annual Percentage Rate of Charge (APRC)* | View |
| 1558 2 Year Fixed Rate - up to 85% Loan to Value WITH £400 CASHBACK (Min loan £100,000) | £995 | £0 | 1.95% Fixed until 31 January 2024 | 5.19% | 4.7% Annual Percentage Rate of Charge (APRC)* | View |
| 1492 5 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK | £1495 | £0 | 2.12% Fixed until 30 November 2026 | 5.19% | 4.0% Annual Percentage Rate of Charge (APRC)* | View |
| 1494 REMORTGAGE ONLY 5 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK | £1495 | £0 | 2.09% Fixed until 30 November 2026 | 5.19% | 4.0% Annual Percentage Rate of Charge (APRC)* | View |
| 1495 REMORTGAGE ONLY 5 Year Fixed Rate - up to 80% Loan to Value WITH £400 CASHBACK | £0 | £0 | 2.46% Fixed until 30 November 2026 | 5.19% | 4.1% Annual Percentage Rate of Charge (APRC)* | View |
| 1491 2 Year Fixed Rate - up to 80% Loan to Value | £1495 | £0 | 1.78% Fixed until 30 November 2023 | 5.19% | 4.7% Annual Percentage Rate of Charge (APRC)* | View |
| 1496 REMORTGAGE ONLY 2 Year Fixed Rate - up to 75% Loan to Value WITH £400 CASHBACK | £995 | £0 | 1.34% Fixed until 30 November 2023 | 5.19% | 4.6% 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 2021. Please note that if your mortgage does not complete by 30 November 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 £125,000.00 on a capital and interest (repayment) basis payable over 25 years initially on a fixed rate for 2 years fixed at 3.84% and then on our Standard Variable Rate (SVR) of 5.19% (variable) for the remaining 23 years you would pay:
1 monthly repayment of £13.15, followed by
24 monthly repayments of £646.80, followed by
276 monthly repayments of £735.05
The total amount payable would be £218,550.15 made up of the loan amount of £125,000.00 plus interest (£93,410.15) a funds transfer fee of £20 and legal fee of £120. The overall cost for comparison is 5.0% 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.
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 |
| 1508 POSTCODE RESTRICTED 2 Year Discount - up to 95% Loan to Value WITH £500 CASHBACK | £0 | £0 | 3.49% Variable for 2 years (our standard variable rate minus 1.70% discount) | 5.19% | 4.9% Annual Percentage Rate of Charge (APRC)* | View |
| 1543 2 Year Discount - up to 90% Loan to Value WITH £500 CASHBACK | £0 | £0 | 2.29% Variable for 2 years (our standard variable rate minus 2.90% discount) | 5.19% | 4.7% Annual Percentage Rate of Charge (APRC)* | View |
| 1556 2 Year Discount - up to 85% Loan to Value | £0 | £0 | 1.70% Variable for 2 years (our standard variable rate minus 3.49% discount) | 5.19% | 4.6% Annual Percentage Rate of Charge (APRC)* | View |
| 1493 2 Year Discount - up to 80% Loan to Value WITH £400 CASHBACK | £0 | £0 | 1.70% Variable for 2 years (our standard variable rate minus 3.49% discount) | 5.19% | 4.6% Annual Percentage Rate of Charge (APRC)* | View |
| 1497 REMORTGAGE ONLY 2 Year Discount - up to 75% Loan to Value WITH £400 CASHBACK | £0 | £0 | 1.20% Variable for 2 years (our standard variable rate minus 3.99% discount) | 5.19% | 4.5% Annual Percentage Rate of Charge (APRC)* | View |
| 1553 INTEREST ONLY** 2 Year Discount - up to 75% Loan to Value | £0 | £0 | 2.09% Variable for 2 years (our standard variable rate minus 3.10% discount) | 5.19% | 4.9% Annual Percentage Rate of Charge (APRC)* | View |
| 1552 INTEREST ONLY** 2 Year Discount - up to 75% Loan to Value | £495 | £0 | 1.79% Variable for 2 years (our standard variable rate minus 3.40% 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.
** If you choose an interest only mortgage, you must have a clearly understood and credible repayment strategy in line with the Society’s responsible lending criteria.
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 3.49% (equal to 1.70% 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 £191.23, followed by
24 monthly repayments of £623.36, followed by
276 monthly repayments of £733.21
The total amount payable would be £217,657.83 made up of the loan amount of £125,000.00 plus interest (£92,517.83) 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 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.
Fully trained and available over the phone or in every Leek United branch, our team of Qualified Mortgage Advisers are available to support you throughout the whole mortgage process. They’ll meet or call you for an initial discussion, listen closely to your needs, then offer free advice on which mortgage would suit you.
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.
Leek United Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Registered No: 100014
