Leeds launches 2-year fixes

Ryan Bembridge

January 21, 2016

Leeds Building Society has launched three 2-year fixed rate products with a £199 fee, free valuation and fees assisted legals.

Products are a 1.95% 2-year fix to 80% loan-to-value, a 2.10% 2-year fix to 85% LTV and a 2.99% 2-year fix to 90% LTV.

Borrowers can make up to 10% extra capital repayments per year and the mortgages are for properties up to £500,000.

Martin Richardson, Leeds Building Society’s director of business development, said: “In addition to a competitive rate, our two year range includes a choice of fee and incentive combinations so borrowers can have the features which best suit their individual circumstances.

“2-year fixed rate mortgages remain popular with borrowers as they offer a degree of certainty about their monthly repayments in the short term, and provide opportunities for those considering refinancing their existing mortgage.”

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