Leeds Building Society is a UK-based financial institution that offers residential mortgages with loan-to-value ratios of up to 90%. This means that borrowers can borrow up to 90% of the value of the property they are purchasing. This is a great option for those looking to purchase a home but may not have the funds to cover the full cost.
The Society offers both 3- and 5-year residential mortgages with fixed interest rates. This means that borrowers can be sure of the amount they will be paying each month for the duration of the loan. The Society also offers a range of other benefits, such as no early repayment charges and flexible repayment options.
The loan-to-value ratio of up to 90% is a great option for those who may not have the full amount needed to purchase a property. It allows them to borrow more than they would be able to with a traditional mortgage, which usually only allows up to 75% loan-to-value. This means that borrowers can purchase a more expensive property than they would otherwise be able to.
For those who are looking to purchase a property but may not have the funds to cover the full cost, Leeds Building Society’s 3- and 5-year residential mortgages with loan-to-value ratios of up to 90% are a great option. The fixed interest rates and other benefits make it an attractive choice for those looking to purchase a home.