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Leeds BS cuts fixed rate deals

  • 14/06/2012
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Leeds BS cuts fixed rate deals
Leeds Building Society has launched a new five-year fixed rate mortgage at 3.89%, available up to 70% loan to value (LTV).

The Yorkshire-based lender will also allow yearly capital repayments of 10% without penalties and there is no higher lending charge.

The society has also launched a three-year fixed rate deal available up to 80% LTV with the same flexibility, available with a rate of 3.99%.

Phil Coombes, head of intermediary sales at Leeds Building Society, said: “Our new mortgage range, which includes a market leading five-year deal, offers a fantastic opportunity for those clients who wish to lock into the certainty of low fixed repayments.

“This is combined with the flexibility of 10% capital repayments each year at a very affordable rate. We have also launched a market leading, fees assisted two-year fixed rate, which is suitable for those clients who may require help with up front costs.”

Leeds BS has also announced a two-year fees assisted product, available up to 65% LTV at 3.69%.This product offers free standard valuations, reduced fees and in-house legal services.

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