Leeds Building Society has launched a 10-Year Fixed Rate mortgage available up to 75 per cent loan-to-value at 4.58 per cent.
Furthermore, there is also an option available up to 80 per cent loan-to-value for those borrowers with a smaller deposit at 4.79 per cent.
Kim Rebecchi, sales & marketing director at Leeds Building Society said, “With 10-year market rates at historically low levels, we are able to offer these long-term market leading fixed rate mortgages from only 4.58 per cent.
“The products are available for both purchases and remortgages and customers can lock-in value for a decade which, in the current economic environment, delivers security and peace of mind at a very low rate.
“Furthermore, there is no higher lending charge and customers can pay off 10 per cent of capital each year, without penalty. The mortgages are also fully portable should a borrower wish to move home during the term, providing even greater flexibility.
“I believe these mortgages offer excellent value and will prove extremely popular with customers who are seeking security and value over a longer term.”
