Leeds Building Society has cut rates cut by up to 0.86 per cent on its five-year fixed rate range.
The version available up to 80 per cent LTV has been reduced by 0.40 per cent to 3.79 per cent, and the deal up to 85 per cent LTV has been cut by 0.76 per cent to 4.19 per cent. These are both now market leading following these significant rate reductions, and also have no higher lending charge and allow 10 per cent capital repayments each year without penalty.
The Society has also made reductions in rate on the fees assisted versions of these products, with the version up to 80 per cent LTV cut by 0.71 per cent to a market leading 4.19 per cent and the offer up to 85 per cent LTV slashed by 0.86 per cent to a market leading 4.59 per cent.
Kim Rebecchi, Leeds Building Society’s sales and marketing director said: “We are offering a superb five year fixed rate mortgage range, with market leading offers across all LTV bands, following significant reductions in rates.
“Our market leading five year fixed rates combine certainty, at a very affordable rate, with the flexibility of 10 per cent capital repayments each year. The other important factor is that the offers are available up to 85 per cent LTV, thereby accessible to more borrowers. We also have market leading fees assisted versions of these products, with rates down by up to 0.86 per cent, for those who require help with up front costs.
“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. I would urge those customers coming to the end of an existing deal or looking to move home to visit our branches, where we have fully qualified mortgage advisers available on a no appointment necessary basis.”
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