Leeds Building Society launches five-year fixed-rate mortgage
Leeds Building Society has expanded its range of mortgages by introducing a new five-year fixed-rate product with a rate of 4.6 per cent.
In addition to the market-leading rate, there is no higher lending charge and ten per cent capital payments are allowed each year without penalty fees.
Martin Richardson, general manager marketing and business development, said many borrowers are keen to secure fixed-rate mortgages to protect their monthly payments, making this new product all the more appealing.
"This market-leading product delivers peace of mind and security, over a large part of atypical mortgage life, at a very affordable rate," he added.
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