Leeds BS launches new offset mortgages

Leeds BS launches new five-year mortgages

Leeds Building Society has unveiled a new range of five-year fixed-rate mortgages.
Leeds BS launches three cash ISAs for the new tax year

Leeds Building Society has unveiled three ISAs for the new tax year and will open at least half of its branches on Good Friday for savers to make an early start.

Friday, 14 May 2010 12:00

Leeds Building Society has unveiled a new range of two-year fixed-rate offset mortgages.

Rates for the products start from 3.4 per cent and include fee-assisted options for those who need help with upfront expenses, such as free in-house legal services for remortgages, free valuations and no completion fees.

Mortgages are available at up to 80 per cent loan-to-value and do not come with a higher lending charge.

"Offsetting can save customers interest on their mortgage, enabling them to pay it off quicker and provide a higher tax-efficient equivalent savings rate compared to a normal investment product," explains Paul Kaye of Leeds Building Society.

Twitter: My Finances