The 2-year base rate tracker (BRT) mortgages start at 3.20%, with a new 2-year non locked in fixed rate mortgage starting at 4.60%. Furthermore, all the mortgages have no higher lending charge and allow a minimum of 10% capital repayments each year, without notice or penalty.
Kim Rebecchi, director of sales & marketing said, "The feedback we have received from our intermediary colleagues is that many clients are looking for 2-year deals and, in particular, that BRT mortgages are in demand.
"That is why we have launched this range to give clients a competitive option over a 2-year period combined with the flexibility of capital repayments without penalty. Whether clients are looking for the peace of mind associated with the certainty of payments by fixing at an affordable rate, or they feel that a tracker mortgage best suits their needs, Leeds Building Society is bringing a solution to the market."
