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Weekly rate watch: Fixes march upwards again

All fixes rose again this week. While the average rate for a two-year mortgage moved up 5 basis points, to 2.80%, every other fix increased by 3 basis points. This took the average rate for a three-year fix to 2.79%, for a five-year fix to 2.97%, and for a 10-year fix to 2.90%. Two-year fixes At 80% LTV, the average ....

Eleanor Williams , Barclays Mortgage , Mortgage Lender , Mortgage Guarantee , Leek United , Accord Mortgages ,

Leek United Building Society reduces rates on its 85% LTV mortgage products


Leek United has introduced several changes across their product range including a rate reduction in its 85% loan-to-value (LTV) range and a reduction of 0.10% for its 2-year discount interest-only product up to 75% LTV.
The changes include reductions in rate for the Society’s two and 5-year fixed and discount residential range, for loans up to 85% LTV, with rates from 1.80% all including £400 cashback.
Following intermediary feedback, and to support higher value applications there are a number of fixed fee options from £995.
The Society applies a flexible approach to lending with every application assessed individually by our experienced underwriters, no credit scoring, the acceptance of new builds, and loans accepted up to £1.5m. ....

Laura Allcock , Leek United , லீக் ஒன்றுபட்டது ,

Leek United Building Society hits £1.15 billion despite pandemic


Leek United Building Society s branch in Derby Street (Image: Google Images)
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A building society branch is to close for six weeks so a refurbishment can get underway. ....

Andrew Healy , Regional Building Society , National Personal Finance , Leek United Building Society , Want Stoke On Trent , United Building Society , Derby Street , Leek United , Best Variable Rate Mortgage Lender , National Personal Finance Awards , Best Variable Rate Lender , Best Regional Building Society , What Mortgage , ஆண்ட்ரூ ஹீலி , லீக் ஒன்றுபட்டது கட்டிடம் சமூகம் , வேண்டும் ஸ்டோக் ஆன் ட்ரெண்ட் , ஒன்றுபட்டது கட்டிடம் சமூகம் , டெர்பி தெரு , லீக் ஒன்றுபட்டது , என்ன அடமானம் ,

Yorkshire BS boss Mike Regnier nets £226,000 bonus


The chairman of a parliamentary group that normally waves the flag for financial mutuals has criticised building societies for awarding chief executives five or six-figure bonuses last year while the country was in lockdown. 
Exclusive research by The Mail on Sunday shows that 23 building society bosses received bonuses last year, ranging from £3,000 to a staggering £226,000. These bonuses were received at a time when many of the industry s 25million customers were struggling financially – not least from record low savings rates. 
Gareth Thomas, Labour MP for Harrow West and chairman of the All-Party Parliamentary Group for Mutuals, told The MoS: Runaway levels of executive pay are an issue for society as a whole and there cannot be any business or moral justification for any executive pay to be obscenely disproportionate to that of its lowest paid workers.   ....

United Kingdom , North Yorkshire , Mike Regnier , David Marlow , Ted Fisher , Steve Hughes , Gareth Thomas , Building Societies Association , Building Societies Members Association , Yorkshire Building Society , Party Parliamentary Group For Mutuals , Harrow West , All Party Parliamentary Group , David Cutter , Leek United , Mo Ney , ஒன்றுபட்டது கிஂக்டம் , வடக்கு யார்க்ஷயர் , மைக் ரெஞணிீஎர் , டேவிட் மார்லோ , டெட் மீனவர் , ஸ்டீவ் ஹக்ஸ் , கரேத் தாமஸ் , கட்டிடம் சமூகங்கள் சங்கம் , கட்டிடம் சமூகங்கள் உறுப்பினர்கள் சங்கம் , யார்க்ஷயர் கட்டிடம் சமூகம் ,