Rates start from 5.35% available up to 80% LTV. Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.
The rate of 5.35% is available up to 80% LTV. There is also a version available at 5.79% between 81% and 85% LTV. Both versions deliver exactly the same flexibility.
Phil Coombes, Leeds Building Society’s head of intermediary sales said, "The product provides clients with peace of mind and the security that their monthly payments will remain the same for five years, combined with the flexibility of 10% capital repayments each year at a very affordable rate.
"Many clients will welcome the ability to budget and limit their monthly outgoings, particularly existing mortgage clients who may be coming to the end of their current deal."
