Leeds Building Society has launched a new three year fixed rate mortgage with a market leading rate of 1.89 per cent.
The deal is available on home loans up to 65 per cent LTV (loan to value) and includes a free standard valuation. Remortgagers also benefit from free legal services.
“Three year fixed rate mortgages can be a good compromise for borrowers looking to commit for more than two years but who feel that five years or more is too long for them,” said Martin Richardson, Leeds Building Society’s general manager – Business Development.
“This latest deal, with its market-leading rate of 1.89 per cent, complements our selection of fixed rate mortgages, including two, five and 10 year terms.
“This choice enables borrowers to fix at a competitive rate and enjoy the security of knowing their monthly repayments, and decide on the length of time which best suits their individual circumstances.”