Leeds Building Society reduces mortgage rate
Leeds Building Society has revealed a reduction of 0.2 per cent for its two-year fixed rate mortgage, which may appeal to people coming to the end of their exisiting deal.
This will see it made available at a rate of 3.79 per cent, rather than 3.99 per cent, for with a loan-to-value of between 76 per cent and 80 per cent.
Sales and marketing director for Leeds Building Society Kim Rebecchi said: "The product provides customers with peace of mind and the security that their monthly payments will remain the same for two years."
Individuals will find the set rate allows them to plan their finances and capital repayments of ten per cent each year will offer consumers "flexibility", she added.
People interested in the product will be able to find out more about it in one of the society's 67 branches, which are located across the UK, Ireland and Gibraltar.
Use the Myfinances.co.uk comparison tools to find a better deal on a mortgage
Comments
Newsletter sign up