Leek United Building Society Fixed 2.04% until 30/06/2020
Assumed borrowing of £125,000 over 25 years, representative 5.1% APRC. Total amount payable: £220,382.29. Includes interest of £93,387.29, Valuation fee of £0, Booking fee of £100 and Administration fee of £1,895. Repayments: 24 monthly repayments of £532.26 at 2.04% (fixed), then 276 monthly repayments of £744.98 at 5.44% (variable).
Leek United Building Society customer satisfaction scorecard:
How do we work this out?| Clarity of statements | Flexibility of payments | Transparency of charges | Customer service | Overall customer score |
Not rated |
Eligibility
| Maximum age | N/A |
|---|---|
| Minimum age | 18 |
| Location | England, Wales |
| Restricted location note | N/A |
| Existing customer note | N/A |
| Eligibility notes | N/A |
Mortgage product details
| Mortgage types | Purchase, Remortgage, Buy to let |
|---|---|
| Deal type | Fixed |
| Tracker type | N/A |
| Payment options | Interest only, Repayment |
Mortgage product features
| Overpayments allowed | Yes |
|---|---|
| Overpayment limits note | Up to 10% of the original loan amount in any 12 month period from the date of completion. |
| Offset mortgage | No |
| Help to Buy mortgage | No |
| Shared ownership mortgage | No |
| Shared equity mortgage | No |
| New-build mortgage | No |
| Self-build mortgage | No |
| Portable mortgage | Yes |
Product fees
| Arrangement fee | £1,895 |
|---|---|
| Arrangement fee can be added to loan | Yes |
| Booking fee | £100 |
| Telegraphic transfer fee | £20 |
| Insurance fee | £0 |
| Other fees | £0 |
Rate information
| Minimum borrowing amount | £50,000 |
|---|---|
| Maximum borrowing amount | £1,000,000 |
| Minimum term (years) | 5 |
| Maximum term (years) | 40 |
| Initial deal end date | 30.06.20 |
| Initial deal length (months) | 24 |
| APRC | 5.05% |
| Initial rate | 2.04% |
| Revert-to rate | 5.44% |
| Maximum LTV | 75.0% |
Other charges
| Exit fees | £80 |
|---|---|
| Valuation admin fee | £0 |
| Valuation fee | From £106 for property value above £75,000 |
| Early repayment note | 2% then 1% until end of fixed period |
Standard benefits
| Valuation admin fee excluded from any refund offer | Yes |
|---|---|
| Maximum free valuation | £0 |
| Cash back amount | £0 |
| Further notes about benefits | N/A |
Remortgage benefits
| Cash back on legal fees | No |
|---|---|
| Free legal work | No |
| Valuation offer | Free |
Purchase mortgage benefits
| Cash back on legal fees | No |
|---|---|
| Free legal work | No |
| Valuation offer | Free |