Mercantile Remortgage

If you’re seeking a Mercantile remortgage, it now trades under the Leeds name, as a result of a merger with Leeds Building Society. You’ll still find the same innovative packages at Leeds, with new advantages that include the ability to offset savings from up to 3 separate accounts, and specialist lending for those with a poor credit history.

Current Rates - Selection

Initial RateTypePeriod ToProviderThe Overall Cost
For Comparison		LTV 
1.84% VariableMar 2012Alliance & Leicester 4.80% APR 70% More
1.99% VariableMar 2012Alliance & Leicester 4.80% APR 70% More
1.99% VariableMay 2012Cheltenham & Gloucester 2.80% APR 60% More
1.99% VariableMay 2012Lloyds TSB Scotland 2.70% APR 60% More
2.00% Discounted VariableMar 2011Chorley & District BS 5.20% APR 75% More
2.29% VariableMay 2012Cheltenham & Gloucester 2.80% APR 75% More
2.29% VariableMay 2012Lloyds TSB Scotland 2.80% APR 75% More
2.39% VariableMar 2010first direct 2.50% APR 65% More
2.39% VariableFeb 2012Legal & General Mortgage Club 5.70% APR 65% More
2.45% Discounted VariableSep 2012Earl Shilton BS 4.70% APR 75% More

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Mercantile Review

Mercantile Building Society was founded by North Shields citizens in 1875. Before the 2006 merger with Leeds Building Society, it had almost 40,000 members and assets of £240 million.

The current Leeds Building Society has more than 635,000 members, and assets of £7 billion. It was declared ‘Best Building Society’ in Mortgage magazine’s 2006 awards.

Remortgaging with Leeds Building Society could help you to:

  • Take a more flexible approach to repaying your mortgage, with the option to “borrow back” from any overspend throughout the year
  • Offset excess income to reduce interest on borrowings
  • Consolidate debts from credit cards and loans into a single servicing payment

Remortgage Quotes »

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