There is no higher lending charge and 10% capital repayments are allowed each year without penalty.
Phil Coombes, head of intermediary sales at Leeds, said: “Our new 5-year fixed rate deal offers great security and is available at a market leading rate of just 4.89%. This product combines certainty, at a very affordable rate, with the flexibility of 10% capital repayments each year. The other important factor is that it is available up to 85% LTV, making it accessible to more clients.
“With the cost of living spiralling many clients want to control their mortgage and fixing their monthly repayments is a good way of doing that.”
