Leeds Building Society has launched a competitive new 10 year fixed rate mortgage at 4.49 per cent with a low feel of £199.
The mortgage is up to 65 per cent LTV (loan to value) and borrowers who are remortgaging receive free legal services. The deal includes a free standard valuation.
“Mortgage rates are at historic lows and we know borrowers are looking to fix for the longer term,” said Martin Richardson, Leeds Building Society’s general manager – business development.
“Leeds Building Society is one of the very few lenders to offer a 10 year fixed rate mortgage through intermediaries and, in addition to the competitive rate of 4.49 per cent, this latest deal includes an attractive package of features, including a low fee of only £199.
“We expect the opportunity to fix for the longer term to appeal particularly to borrowers who have only 10 years or so left on their current mortgage term and want to fix their monthly repayments and enjoy the peace of mind this gives them for the remainder of the life of their home loan.”
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