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Leeds Building Society launches new low-fee 10 year fixed rate mortgage

23rd January 2014 Print

Borrowers wanting to fix their monthly repayments for longer term security have more choice with a competitive new 10 year fixed rate mortgage with low fees from Leeds Building Society.

The Society has launched the 10 year fixed rate product with a competitive rate of 4.49% and a low fee of £199, as well as other benefits to borrowersincluding a free standard valuation.
 
The mortgage is up to 65% LTV (loan to value) and borrowers who are remortgaging benefit from free legal services.
 
“Mortgage rates are at historic lows and we know borrowers are looking to fix for the longer term,” said Kim Rebecchi, Sales & Marketing Director at Leeds Building Society.
 
“Our new 10 year fixed rate mortgage has a competitive rate and other attractive features,including a low fee of only £199.
 
“We expect the opportunity to fix for the longer term to appeal particularly to borrowers who have only 10 years or so left on their current mortgage term and want to fix their monthly repayments and enjoy the peace of mind this gives them for the remainder of the life of their home loan.”
 
For more information, visit leedsbuildingsociety.co.uk.