This offer, available between 76% and 80% LTV and reduced by 0.15%, represents a discount of 2.64% off the society’s SVR. The product also allows clients the flexibility of 10% capital repayments each year. There is no higher lending charge and a booking fee of only £199.
Phil Coombes, head of intermediary sales at Leeds, said: “A mortgage at only 3.05% offers clients excellent value, particularly when combined with the flexibility of 10% capital repayments each year without penalty and no higher lending charge.”
Leeds has also reduced the rate on its fees assisted 2-year discount mortgage, between 76% and 80% LTV, from 3.70% to only 3.55%. This is a discount of 2.14% off the society’s SVR.
