Leek United offers exclusive new build loan via PMS and Sesame

An exclusive fixed rate mortgage for new build residential homes has been launched by Leek United and available only through PMS Mortgage Club and Sesame.

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.”

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