'Best buy' mortgage unveiled by Leeds Building Society

Leeds Building Society launches new discount mortgage

Would-be property buyers who are struggling to save up a deposit may be interested in a new deal offered by Leeds Building Society.
New mortgage unveiled by Leeds BS

Leeds Building Society has unveiled a new fixed-rate mortgage with a rate of 4.59 per cent.

Thursday, 01 July 2010 12:00

Leeds Building Society has launched a new best-buy three-year fixed-rate mortgage.

It has a rate of 3.75 per cent and is available up to 75 per cent loan-to-value.

Customers will have the facility to redeem as much as 10 per cent of the capital each year, with no penalty.

The mortgage is fully portable and there is no higher lending charge.

Kim Rebecchi, sales and marketing director at the organisation, said the news is fantastic for borrowers looking to be free from uncertainty regarding their monthly outgoings.

"It provides customers with peace of mind and the security that their monthly payments will remain the same for three years," the expert added.

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