Leeds & Holbeck launches 5-year fixed rate at 5.45 per cent

The loan is available up to 95% of property value and the rate is fixed until 1 July 2007. There is no Mortgage Indemnity Guarantee (MIG) up to 90% loan-to-value and borrowers receive free mortgage payment protection insurance for six months.

Kim Rebecchi, general manager, said: "This is a very attractive proposition for borrowers wanting to fix their payments now at a time when interest rates are expected to start rising."

For more information, customers can call into their local branch, visit the website at www.leeds-holbeck.co.uk, or call Leeds & Holbeck’s customer information hotline, on 0500 225 777.