Leeds Building Society has launched a new 5-year fixed rate mortgage, which is available up to 85 per cent loan to value (LTV), at 4.89 per cent. The deal comes with no higher lending charge and 10 per cent capital repayments are allowed each year without penalty.
Kim Rebecchi, Leeds Building Society’s sales and marketing director said, “Our new five year fixed rate deal offers great security, and is available at an excellent rate of just 4.89 per cent. This product combines certainty, at a very affordable rate, with the flexibility of 10 per cent capital repayments each year. The other important factor is that it is available up to 85 per cent LTV, making it accessible to more borrowers.
“With the cost of living spiralling many customers want to control their mortgage, and fixing their monthly repayments is a good way of doing that.
