Leek United launches new five year fix
Leek United Building Society has announced this morning that it has given first-time homebuyers an early step up onto the housing ladder.
The Society has launched two new mortgages – a Five-Year Fixed Rate and a Three-Year Discount Rate – under the Government’s ‘Help to Buy’ initiative.
The specialised products are designed to assist those people who can afford mortgage repayments but are struggling to raise a deposit to buy a newly-built home in England and Wales.
Clare Beardmore, Leek United’s Head of Marketing & Sales, said: “Our new mortgages mean that people can now become homeowners far earlier than they previously thought possible.
The ‘Help to Buy’ scheme has been running for some time, and we now feel that the time is right to enter this area of the market ourselves.”
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