Mortgage 2000 launches first time buyer product

31-Oct-2005

The range of mortgage products targeted at aspiring homeowners has increased further following the launch of a new Mortgage 2000 deal.

For advice on first time buyer mortgages or to find out how much you can borrow and how much it will cost you, from the UK’s leading High Street Brokers, Bradford and Bingley, click here

Available through Leeds Building Society, the 100 per cent mortgage is designed to reduce the cost of purchasing a property and help first time buyers to get on the first rung of the property ladder.

To find out what you can borrow, even if you are in an adverse credit situation click here

The five-year fixed rate deal offers a competitive rate of 5.72 per cent and helps to ease the initial financial burden by providing a free valuation and no fees for arrangements or booking.

"With first time buyers driving the market forward it is crucial to help people onto the property ladder so this product was designed exactly with that in mind," explained Chris Burton, product manager for Mortgage 2000.

Responding to the launch of the product, Jeff Kirk, corporate relationship manager for Leeds Building Society, said that he believed the deal would be a success and that helping aspiring homeowners was vital to the future of the property market.

"We all know the difficulties being faced by first time buyers in the current market, and Leeds Building Society is committed to finding ways to help them onto the housing ladder," he added.

Click here for further information on finding a deposit

To find out how to get onto the property ladder by buying to let somewhere else click here

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