Leeds launches ten-year fixed
The range also offers a mortgage at 80 per cent loan to value and both products also have a fee free option, offering flexibility and providing peace of mind for more clients by locking in value for a longer period.
Jeff Kirk, corporate relationship manager at Leeds, said, “These ten-year fixed rates offer outstanding value, with certainty of payments and the flexibility to pay 10 per cent of the balance without penalty. We have created this range to ensure that clients with smaller deposits and / or less funds available for fees can still benefit from the certainty these products provide over a longer period.
“It is clear that clients want to lock in good value when rates are low enough and this is another ideal opportunity. We know this will be popular as many clients like the certainty of payment offered by this type of product and I would urge clients to act quickly to avoid disappointment.”