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Leeds launches 10-year fixed rate mortgage

Fri, 16 Dec 2005

Leeds Building Society has announced the launch of its ten-year fixed rate mortgage deal offering customers a fixed rate mortgage of 4.99 per cent.

The mortgage lender is also offering 90 per cent loan to value on the fixed rate mortgage deal.

This most recent offering from Leeds gives mortgage customers the chance to take advantage of no higher lending fees and ten per cent capital repayments each year without penalty.

For those mortgage customers with smaller deposits, Leeds has launched another fee free mortgage product with a rate of 5.29 per cent.

Additional benefits of the fee free ten-year fixed rate mortgage deal include free valuation up to £335, free in-house legal services for those wishing to remortgage and tapered early repayment charges on the mortgage.

Karen Wint, head of marketing and PR at Leeds, said: "It is clear that customers want to lock in good value when rates are low enough and this is another ideal opportunity.

"We know this will be popular as many customers like the peace of mind offered by this type of product."

Those wishing to invest in the new range of mortgage products on offer from Leeds should call the mortgage hotline or can apply for the mortgage online.

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