Leeds Building Society launches new 3 year fixed rate mortgages

Leeds Building Society has launched a range of new 3-year fixed rate mortgages available up to 100% loan to value and a fee free option, for customers who require help with up front costs.

Karen Wint, Head of Marketing & PR said, "We have launched a range of 3-year fixed rate mortgages designed to offer customers a choice and support first time buyers, combined with the peace of mind associated with a fixed monthly mortgage payment.

"The interest rate ranges from only 5.79% to 6.59%, depending on the amount of deposit the customer decides to use, there is no higher lending charge, even at 100% loan to value, and 10% capital repayments are allowed each year without penalty.

"These products offer excellent flexibility for customers who do not have any deposit, or would prefer to keep their savings to furnish their new home. We have also launched fee free versions to help more customers benefit from a fixed rate mortgage."