The two-year deal is fixed until 31 December 2020, with an LTV up to 90% and is one of a range of new mortgage products announced by the society from 14 May.
“This new rate is lower than the comparative ‘mainstream’ product in our new range – with the added bonus of £250 cashback on completion,” said Dan Berrisford, Leek United’s mortgage & savings product manager.”
The society’s revamped product range includes a selection of two and five-year fixed rate deals, discounted offers, buy-to-let mortgages, local authority ‘Help To Buy’ and ‘new build’ mortgages.
Jane Benjamin, head of relationship management at Sesame and PMS, commented: “We are very pleased to welcome Leek United to our comprehensive lender panels. They are a society offering the flexible and customer-focused approach which many advisers are looking for.”
The move gives PMS and Sesame’s broker members instant access to a range of competitive, value for money products from the Society, along with the added benefits of a personal, friendly and hassle-free support service from Leek United’s dedicated intermediary mortgages team.
Clare Beardmore, the Leek United’s head of mortgage sales, said: “Our reputation is built on a commitment to providing the highest standards of personal service. We individually assess every mortgage application, we don’t credit score – and we take the time to consider the individual merits of each application brokers submit.
“There’s no upper age limits on our residential mortgages, we offer up to 95% LTV on new build houses, and 125% rental calculations on like-for-like BTL remortgages.
“Our aim is to work directly with PMS and Sesame’s brokers, to give them and their customers the high quality products and service they want.”