Leeds BS improves interest only mortgage criteria.
Leeds Building Society has announced a change to its interest only lending criteria. It says that for certain interest only borrowers, the sale of property will be accepted as a repayment method. Deals are available on a part and part interest-only basis for up to 75% LTV.
If you want an interest-only mortgage you are strongly advised to enlist the services of an independent, impartial 'whole of market' mortgage expert.
There are still interest-only deals on offer, however mortgage choice is limited and criteria is tight. It therefore makes sense to improve your chances of finding and being accepted for a mortgage, by using a 'whole of market' broker.
If you want to find out which lenders would be prepared to lend to you on this basis, and the rate they will charge call 0800 048 8828 and speak to an impartial adviser at Deal Direct.
Who are Deal Direct and why enlist our help?
- We are an independent and 'whole of market' mortgage broker.
- We are not affiliated with any specific lender, therefore we work 100% in your interest.
- We have access to all deals offered on an interest-only basis.
- We can find you the mortgage which is best suited to your needs and finances.
- We are here to help you every step of the way.
For an interest-only mortgage quote,
call one of our advisers on 0800 048 8828.
