Leeds reduces fixed rates

Clients can now secure a 2-year fixed at only 4.99% and a 5-year from 5.75%. Furthermore, the products come with no higher lending charge and the flexibility of allowing 10% capital repayments each year without penalty.

Kim Rebecchi, director of sales & marketing said, "We constantly review our mortgage product range to ensure it remains appropriate for the market. Therefore, we have improved these deals to give clients the opportunity to lock into the certainty of fixed repayments, combined with the flexibility of 10% capital repayments each year at a very affordable rate. The products are also fully portable should a borrower wish to move home during the fixed rate period."

Kim added "In these uncertain times with historically low interest rates, many clients will welcome the ability to budget and limit their monthly outgoings, particularly existing mortgage customers who may be coming to the end of their current deal."