Leeds launch new fixed rate mortgage range

Leeds Building Society has launched a range of 3, 5 and 10-year fixed rate mortgages from as low as 5.59%.

The suite of products also includes fee-free versions for customers looking to minimise up front costs.

The 10-year fixed rate is available from only 5.59% up to 90% loan to value, with a fixed fee and no higher lending charge. The 5-year fixed is available from 5.64% and the 3-year fixed from 5.65%. Both the 3 and 5-year products are available from 75% loan to value allow 10% capital repayments each year, without notice or penalty and have no higher lending charge.

All fee-free versions benefit from a free valuation up to £335, free in-house legal services for remortgages and no higher lending charge.

Karen Wint, Head of Marketing & PR said, "Certainty of mortgage repayments at a rate that is below Bank Base is excellent value. We have designed these products specifically to provide the peace of mind associated with fixed payments at an affordable rate over a period to suit each customer, combined with the flexibility of 10% capital repayments each year, without penalty.

"In addition, all the products are fully portable, so if customers do wish to move during the term they can take this product with them. Furthermore, there is also a fee free version available for customers looking to minimise up front costs."

For more information, apply online at leedsbuildingsociety.co.uk.