MortgagesAug 13 2014

Leeds Building Society adds two fixed rate mortgage deals

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Leeds Building Society is tomorrow (14 August) launching two new five-year deals to add to its suite of fixed rate mortgages.

The deals comprise a 3.64 per cent available up to 80 per cent loan to value, with a free standard valuation up to £335, free in-house legal services for remortgages and a £399 fee. A 3.54 per cent deal is also available up to 75 per cent LTV with a £599 fee.

Martin Richardson, Leeds Building Society’s general manager for business development, said: “With the low fee and benefits including a free valuation and legal services, the market-leading 3.64 per cent deal is likely to appeal in particular to homeowners who are looking to remortgage.”

“They may be able to save money by remortgaging to a more competitive rate and this option minimises their upfront costs.

“Borrowers fixing their mortgage for five years have the security of knowing their monthly repayments for that period and are protecting themselves against future interest rate rises.”