New 5-year fixed-rate mortgage released by Leeds
Leeds Building Society has unveiled a new five-year fixed-rate mortgage range.
The suite will include a market-leading 3.94 per cent, which is a reduction from the previous product of 0.65 per cent.
It includes no higher lending charge and is fully portable, which could be good news for customers who would like to move home.
Also, ten per cent capital repayments are slowed each year, without fear of penalty.
Sales and marketing director at the building society Kim Rebecchi said the organisation understands consumers prefer certainty.
This range provides them with peace of mind and a degree of security, she added.
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