2 Year Discounted
- Are resident of England, Wales
- Are older than 18
- Have no arrears, repossessions
Additional criteria may apply
The Leek United Building Society provides savings accounts, mortgages, insurance, and financial planning services to their customers.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Leek United Building Society was formed in 1863. It was originally called the Leek United Permanent Benefit Society. In 1919 it became the Leek United & Midlands Building Society, and then in 1990, it changed its name again, this time to Leek United Building Society. In 1999, the society was the subject of a hostile takeover bid by Murray Financial Corporation, but its members rejected the proposal. Today the Leek United Building Society is the 18th largest society in the UK and has several branches across Staffordshire.
The Leek United Building Society sells its products direct to the general public, as well as through selected intermediaries.
Leek United BS mortgages are suitable for first time buyers and existing home owners and borrowers. The society also provides mortgages for landlords. Customers can choose from a selection of fixed rate, discount and standard variable rate mortgage products.
First time buyers are eligible for fixed rate mortgages with high LTVs over 90%, but there are post code restrictions in place. A non-refundable booking fee is payable in advance. New customers and existing borrowers have a choice of mortgage products up to 90% loan to value.
Buy to let Leek United BS mortgages are suitable for the purchase or re-mortgage of investment property. Properties that are not eligible for Leek BS mortgages include HMOs, and properties with student tenants or tenants in receipt of benefits. Landlords with more than 15 properties in their portfolio will not be accepted for a mortgage from the Leek United Building Society.
Existing Leek United Building Society customers are eligible to apply for further funding in order to make home improvements or pay for holidays, etc. The interest charged on new borrowing may be subject to a different rate.
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