New Fixed Rate Mortgage From Leeds Building Society

Leeds Building Society has launched a new 3-year fixed rate mortgage with an interest rate from 3.45%.

The new fixed rate mortgage is available at 3.45% with up to 75% loan to value (LTV).

For up to 80% LTV the interest rate is 3.89% and 5.29% up to 85% LTV.

This mortgage product has a £199 booking fee and £800 Completion Fee up to £500,000 and 1% over £500,000. It also allows the flexibility of 10% capital repayments each year and there is no higher lending charge.

The rate includes 0.24% discount for taking the Society’s Homecover insurance – required until 28^th February 2014. If home cover is not taken at any time, the 0.24% discount will not apply.

Kim Rebecchi, Leeds Building Society’s Sales and Marketing Director said, “These products provide a great opportunity to secure a fixed rate now, combined with certainty of payments and peace of mind.

The 3 year term gives people the best of both worlds, as customers have security in the medium term but avoid being locked in for a long period. ”

There are also fees assisted versions of the product, with free valuations and legals services for standard re-mortgages. The rates are 3.95% up to 75% LTV, at 4.39% up to 80% LTV and at 5.79% up to 85% LTV.

For more information, customers can call into their local branch, apply online at www.leedsbuildingsociety.co.uk or call the Society’s mortgage hotline, on 08450 540 994.