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    • kimbyanne
    • By kimbyanne 3rd Oct 17, 2:13 PM
    • 263Posts
    • 256Thanks
    Borrowers Share?
    • #1
    • 3rd Oct 17, 2:13 PM
    Borrowers Share? 3rd Oct 17 at 2:13 PM

    Our shared ownership fixed rate mortgage is coming to an end in a couple of months. All we want to do is fix again - simple I thought. Leeds Building Society has sent me an emailing detailing what products they can offer us.

    There is a selection of two, three and five year fixed mortgages BUT some of them are called "Existing Customer Shared Ownership Fee Free 3.70% Fixed Rate to 31/10/2019 85% Borrowers Share" for example. There are others at different rates and lengths which vary from 85% to 150% - what are these percentages?

    Can someone explain what these % borrowers shares mean? We just want to fix again, not increase our share or anything!

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