Leeds BS cuts cost of 3-year fixed rate mortgage

The range also includes fee-free options for customers looking for the peace of mind associated with a low fixed rate without any up front costs.

Kim Rebecchi, director of sales & marketing said, "This is a great opportunity for those people who wish to lock into the certainty of low fixed repayments. The new range delivers peace of mind at a very affordable rate combined with the flexibility of 10% capital repayments each year, without penalty, and no higher lending charge.

Leeds Building Society recently launched a 5 year sub 5% fixed rate, with no application or completion fee, and this new range offers customers even greater choice. Both the 3 and 5 year deals also have versions available up to 85% loan to value.

Kim added "In these uncertain times with historically low interest rates, many customers will welcome the ability to budget and limit their monthly outgoings. Now is a good time to fix and for anyone remortgaging, Leeds Building Society will undertake the legal work involved at no cost whatsoever to the applicant on most products within the range.”