Leeds Building Society announces new fixed term mortgages

New three- and five-year fixes are available at up to 90% LTV

Leeds Building Society announces new fixed term mortgages

Leeds Building Society has launched two new three- and five-year fixed rate mortgages available at up to 90% loan-to-value agreements.

The three-year fix has a rate of 4.99% with a £999 completion fee and early redemption charges of 3.5%, 2.5%, and 1.5% of the amount redeemed.

The five-year fix has a rate of 4.79% with no completion fee but with early redemption charges of 5%, 4%, 3%, and 2% of the amount redeemed.

Both products offer free standard valuation and a fees assisted legal service for in-house remortgages. They have a 10% penalty free capital over repayments allowed each year.

The lender also expanded its mortgage product range with new fixed rate and tracker products last month. Full details of Leeds’ mortgage products can be found on the lender’s website.

“We know customers are looking for a sense of stability during this period of economic uncertainty, and as a result, we’ve introduced two new fixed term mortgages,” Jonathan Thompson (pictured), senior mortgage manager at Leeds Building Society, said. “Both products offer flexibility for customers with smaller deposits, being available for up to 90% loan to value.”

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