Leeds launch market leading 5-year fixed rate mortgage range

Leeds Building Society's 5-Year Fixed Rate mortgage range has seen rates cut by up to 0.86%, and now contains market leading offers across all LTV bands.

The version available up to 80% LTV has been reduced by 0.40% to 3.79%, and the deal up to 85% LTV has been cut by 0.76% to 4.19%. These are both now market leading following these significant rate reductions, and also have no higher lending charge and allow 10% capital repayments each year without penalty.

The Society has also made reductions in rate on the fees assisted versions of these products, with the version up to 80% LTV cut by 0.71% to a market leading 4.19% and the offer up to 85% LTV slashed by 0.86% to a market leading 4.59%.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "We are offering a superb 5 year fixed rate mortgage range, with market leading offers across all LTV bands, following significant reductions in rates.

"Our market leading five year fixed rates combine certainty, at a very affordable rate, with the flexibility of 10% capital repayments each year. The other important factor is that the offers are available up to 85% LTV, thereby accessible to more borrowers. We also have market leading fees assisted versions of these products, with rates down by up to 0.86%, for those who require help with up front costs.

"With the cost of living spiralling many customers want to control their mortgage, and fixing their monthly repayments is a good way of doing that. I would urge those customers coming to the end of an existing deal or looking to move home to visit our branches, where we have fully qualified mortgage advisers available on a no appointment necessary basis."

For more information, visit leedsbuildingsociety.co.uk.