Leeds Building Society discounts 2-year fixed rate mortgage

Leeds Building Society is discounting its 2-year fixed rate mortgage by over £1,000 for any customers who take the product in January.

A rate of 5.40% combined with a free valuation up to £335, a reduced completion fee of only £299 and 10% capital repayments allowed each year, without penalty, make this product very competitive.

Karen Wint, General Manager Marketing & Customer Services said, "After the festive season it is a time when households see a significant increase in expenditure and many mortgage customers will be coming out of a fixed rate in 2008. Clearly, the opportunity to minimise the cost of the biggest monthly outgoing will be welcomed and this sale product provides this.

"Most other providers in the market have higher fixed or even percentage based application fees. Therefore, a sub Base Rate 2-year fixed at 5.40% with a free valuation and a reduced completion fee of only £299 is extremely attractive."

For more information customers can apply online at leedsbuildingsociety.co.uk.