Leeds slashes cost of 3-year fixed rate mortgage

Leeds Building Society has slashed the cost of its 3-Year Fixed Rate mortgage by up to 0.60% to as low as 4.25%.

Furthermore, the range also includes fee-free options for customers looking for the peace of mind associated with a low fixed rate without any up front costs.

Kim Rebecchi, Director of Sales & Marketing said, "This is a great opportunity for those people who wish to lock into the certainty of low fixed repayments. The new range delivers peace of mind at a very affordable rate combined with the flexibility of 10% capital repayments each year, without penalty, and no higher lending charge.

Leeds Building Society recently launched a 5 year sub 5% fixed rate, with no application or completion fee, and this new range offers customers even greater choice. Both the 3 and 5 year deals also have versions available up to 85% loan to value.

Kim added "In these uncertain times with historically low interest rates, many customers will welcome the ability to budget and limit their monthly outgoings. Now is a good time to fix and for anyone remortgaging, Leeds Building Society will undertake the legal work involved at no cost whatsoever to the applicant on most products within the range.

"These mortgages are available through our 69 strong branch network , where we have fully qualified mortgage advisers available, and are a very limited issue. Therefore, I would urge customers to act quickly to avoid disappointment."

For more information, visit leedsbuildingsociety.co.uk