Kim Rebecchi, Director of Sales and Marketing at Leeds Building Society said, "We are pleased to offer this best buy 5 Year Fixed Rate Mortgage, starting at 4.75% available up to 75% LTV. The Society is also unveiling a competitive rate of 5.50% up to 85% LTV.
"Both of these two deals have no higher lending charge and allow 10% capital repayments each year without penalty. These offers are great news for borrowers looking to take advantage of the low levels of interest rate, and provide customers with the security that their monthly payments will remain the same for five years in an ever changing financial environment.
"To help compliment these best buy five year deals, we are also launching a range of ‘fee assisted' products which are ideal for re-mortgages, offering free standard valuations and free in-house legals for standard re-mortgages, along with reduced fees."