Leeds reveal new fixed products

The range includes three, five and ten year fixed rate mortgages with rates starting well below the base rate at 5.59 per cent.

The range also includes fee-free versions for customers looking to minimise up front costs, which benefit from a free valuation up to £335, free in-house legal services for remortgages and no higher lending charge.

The 10-year fixed rate is available from only 5.59% up to 90% loan to value, with a fixed fee and no higher lending charge. The 5-year fixed is available from 5.64% and the 3-year fixed from 5.65%. Both the 3 and 5-year products are available from 75% loan to value allow 10% capital repayments each year, without notice or penalty and have no higher lending charge.

Karen Wint, head of marketing & PR said, "Certainty of mortgage repayments at a rate that is below Bank Base is excellent value. We have designed these products specifically to provide the peace of mind associated with fixed payments at an affordable rate over a period to suit each customer, combined with the flexibility of 10% capital repayments each year, without penalty.

"In addition, all the products are fully portable, so if customers do wish to move during the term they can take this product with them. Furthermore, there is also a fee free version available for customers looking to minimise up front costs."