Leeds Building Society launches new self-cert fixed rate mortgage

Leeds Building Society has launched a new self-cert 3-year fixed rate mortgage at only 5.79%. The product has no higher lending charge, is available up to 80% loan to valuation and allows 10% capital repayments each year without penalty.

Karen Wint, Head of Marketing & PR, said "The take up on our self-cert mortgages has been excellent and the products, combined with the service we offer, confirms that clients like what we are offering.

"We are firmly committed to this market and this 3 year fixed rate allows customers the opportunity to lock in value. Many customers may have income derived from a variety of different sources or do not fit conventional mortgage underwriting criteria and this product allows them even greater choice and the ability to budget."