Leeds 10-year fixed rate mortgage with only 20% deposit

Leeds Building Society has launched the only 10 year fixed rate mortgage in the market that is available up to 80% LTV, at a highly competitive rate of 5.99%. Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year, without penalty.

Kim Rebecchi, Sales & Marketing Director at Leeds Building Society said, "This product speaks for itself and delivers peace of mind and security, over a large part of a typical mortgage life, at an affordable rate.

"This is the only 10 year product available with just a 20% deposit. There is no higher lending charge and customers can pay off 10% of capital each year, without penalty. The product is also fully portable should a borrower move home providing even further flexibility."

Kim added, "It is expected that this product will prove extremely popular with customers who are seeking the security of guaranteeing their mortgage payments for the long term.

"This product is available through our 65 strong national branch network, where we have fully qualified mortgage advisers to discuss individual customer needs."

For more information, visit leedsbuildingsociety.co.uk.