"The new product will help their intermediary members assist more clients by being able to offer a competitive fixed rate mortgage with 400 cashback and a high LTV."
Leek United has launched an exclusive 5-year fixed rate mortgage for SimplyBiz Mortgage Club members. The new product has a rate of 3.00% fixed until 28th February 2025 offers a £400 cashback and has a maximum LTV of 95%, 4.9% Annual Percentage Rate of Charge.
Leek United joined SimplyBiz Mortgage Club’s panel in July and the launch of this exclusive product builds on the range of products available to brokers.
As well as free valuations on all mortgages, Leek United’s mortgage range also includes options for buy-to-let landlords with fixed rate and discounted products, including first-time and non-homeowner landlords. Leek also offer mortgages for holiday homes and second homes, with every mortgage application being assessed individually.
John Kelly, the Society’s Operations Director, said: “We’re delighted to announce the launch of this exclusive fixed rate mortgage in conjunction with SimplyBiz Mortgage Club. The new product will help their intermediary members assist more clients by being able to offer a competitive fixed rate mortgage with £400 cashback and a high LTV.”
Martin Reynolds, Chief Executive of SimplyBiz Mortgages, added: “I’m very pleased that we have been able to launch an exclusive mortgage so soon after Leek United joined our panel. They pride themselves on providing a very personal service to intermediaries and the new mortgage will be a welcome addition to the product offering available to our members.”