The Leeds Building Society is offering loans for borrowings with fixed rates and cash incentives. The cashback is offered to encourage people to refinance or get a new loan as the extra cash can be very helpful in paying fees and making the process easier as there is so much money involved up front in getting a home loan. The incentives minimize costs and sometimes make the difference for people debating the issue of remortgaging. The cashback incentive and fixed rate is attractive enough to pull in clients who were undecided.
Key Takeaways:
- Leeds Bank is now offering two types of fixed rate mortgages.
- Both loans are for two years, with different interest rates.
- Each loan will have a cashback bonus of 750 Pounds.
“In addition, the incentives help to minimise costs, for remortgage in particular, so may appeal to existing homeowners who’ve built up more equity and want to switch to a better deal which could bring down their monthly repayments.”
Read more: https://www.mortgagestrategy.co.uk/leeds-launches-two-fixed-loans-750-cashback/