Leeds Building Society has added further five-year fixed rate mortgages to its product range.
The rate of 4.85% is available from 61% to 80% loan to value (LTV). There is also a version available at 5.49% between 81% and 85% LTV. There is no higher lending charge and 10% capital repayments are allowed each year without penalty.
A range of ‘fee assisted’ products are being launched. These deals are aimed at for re-mortgages, offering free standard valuations and free in-house legal services for standard re-mortgages, together with reduced fees.
Martin Richardson, Leeds Building Society’s general manager, marketing and business development, said: “This is a fantastic opportunity for those borrowers who wish to lock into the certainty of low fixed repayments. The product provides customers with peace of mind and the security that their monthly payments will remain the same for five years
