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Leeds launches new 2 year fixed rate
3 September, 2008
Leeds Building Society has launched a new suite of mortgages that, according to them, includes the only 2-year fixed rate mortgage on the market without any lock-ins.
The new products start from only 5.95%, are available up to 90% loan to value and include 2 and 3-year fixed rate residential mortgages, 2 and 3 year fixed rate buy to let mortgages and an offset lifetime tracker.
Furthermore, none of the products have a higher lending charge and the 3-year fixed rates are fee free, with free in-house legal services for remortgages and a free valuation up to £335 for those customers who require help with up front costs.
Kim Rebecchi, Director of Sales at Leeds Building Society said, "There are currently many reports in the media saying the best mortgage deals are only available to those with large deposits, however we are offering very competitive deals to those with only a 10% deposit".