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Leeds launches market leading offset mortgages

5th December 2011 Print

Leeds Building Society has reduced the rates on its 2-year discount offset mortgage by up to 0.25%, with its 2.65% rate up to 75% LTV the best in the market.

Furthermore, the Society has launched market leading fee assisted options for those customers who prefer help with up front costs.

Kim Rebecchi, Sales and Marketing Director said, "We have looked at this range carefully and, following customer feedback, delivered some market-leading mortgages. These include fee assisted discount offset options that provide peace of mind over a 2-year period.

"Offsetting can save customers interest on their mortgage, enabling them to pay it off quicker and provide a higher tax efficient equivalent savings rate compared to a normal investment product. Savings are also kept in a completely separate account, so there is no need for a fundamental re-organisation of finances, and customers have unlimited access to them at any time, providing outstanding flexibility and excellent peace of mind."

The Society also has market leading fee assisted options, which benefit from a free valuation, free in-house legal services for remortgages and no completion fee.

Kim added, "These offset fixed rates will prove popular with those customers who wish to maintain complete flexibility with their savings, require help with up front costs and require peace of mind."

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