Leeds unveils 5-year fixes

Products are priced at 3.54% up to 75% LTV with a £599 fee and 3.64% up to 80% LTV with a £399 fee plus free standard valuation up to £335 and free in-house legal services for remortgages.

Martin Richardson, Leeds Building Society’s general manager – business development, said: “With the low fee and benefits including a free valuation and legal services, the market-leading 3.64% deal is likely to appeal in particular to homeowners who are looking to remortgage.

“They may be able to save money by remortgaging to a more competitive rate and this option minimises their upfront costs.

“Borrowers fixing their mortgage for five years have the security of knowing their monthly repayments for that period and are protecting themselves against future interest rate rises.”