Furthermore, this product also allows the flexibility of 10 per cent capital repayments each year and there is no higher lending charge.
The 3.45 per cent rate is available up to 75 per cent loan to value (LTV), at 3.89 per cent up to 80 per cent LTV and at 5.29 per cent up to 85 per cent LTV. The Society has also launched fees assisted versions of these products for those who require help with up front costs.
Kim Rebecchi, Leeds Building Society's sales and marketing director said: "These products provide a great opportunity to secure a fixed rate now, combined with certainty of payments and peace of mind. The three year term gives people the best of both worlds, as customers have security in the medium term but avoid being locked in for a long period. We have also unveiled fees assisted versions of the three year product, coupled with free valuations and legal services."
The fees assisted versions of the product, with free valuations and legals services for standard re-mortgages, are available at a rate of only 3.95 per cent up to 75 per cent LTV, at 4.39 per cent up to 80 per cent LTV and at 5.79 per cent up to 85 per cent LTV.
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