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New five year fixed rate mortgages from Leeds Building Society

13th August 2014 Print

Borrowers seeking protection against future interest rate rises are being offered more choice with competitive new five year deals from Leeds Building Society.

The Society is launching two new five year deals on Thursday, 14th August to add to its portfolio of fixed rate mortgages:

3.64% available up to 80% LTV (loan to value) with a free standard valuation up to £335, free in-house legal services for remortgages and a £399 fee; and

3.54% available up to 75% LTV with a £599 fee.
“With the low fee and benefits including a free valuation and legal services, the market-leading 3.64% deal is likely to appeal in particular to homeowners who are looking to remortgage,” said Martin Richardson, Leeds Building Society’s General Manager – Business Development.
“They may be able to save money by remortgaging to a more competitive rate and this option minimises their upfront costs.
“Borrowers fixing their mortgage for five years have the security of knowing their monthly repayments for that period and are protecting themselves against future interest rate rises.”