Available up to 80% LTV, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.
Commenting, Phil Coombes, head of intermediary sales at Leeds, said: “We are pleased to reduce the rate on our 5-year fix, and provide a competitive deal for those clients looking to lock into the certainty of low fixed repayments.
“This product combines a guarantee, at a very affordable rate, with the flexibility of 10% capital repayments each year. There is also a version available up to 85% LTV at 5.79%, for those clients with a slightly smaller deposit available.
“I would urge those clients coming to the end of an existing deal or looking to move home to contact their local intermediary account manager.”
