Leeds launches new 10-year fixed rate mortgage at 4.58%

Leeds Building Society has launched a market leading 10-Year Fixed Rate mortgage available up to 75% loan-to-value at only 4.58%.

Furthermore, there is also a market leading option available up to 80% loan-to-value for those borrowers with a smaller deposit at only 4.79%.

Kim Rebecchi, Sales & Marketing Director at Leeds Building Society said, "With 10-year market rates at historically low levels, we are able to offer these long-term market leading fixed rate mortgages from only 4.58%.

"The products are available for both purchases and remortgages and customers can lock-in value for a decade which, in the current economic environment, delivers security and peace of mind at a very low rate.

"Furthermore, there is no higher lending charge and customers can pay off 10% of capital each year, without penalty. The mortgages are also fully portable should a borrower wish to move home during the term, providing even greater flexibility.

"I believe these mortgages offer excellent value and will prove extremely popular with customers who are seeking security and value over a longer term."

For more information, visit leedsbuildingsociety.co.uk.