Mortgage Intelligence Holdings has launched a 3.79 per cent 5-year fixed mortgage product, available up to 85 per cent loan-to-value with Leeds Building Society.
The deal is fixed until 31 December 2019 and available for remortgages only, with a £599 arrangement fee, free valuation and fee-assisted legal services.
It is open to all appointed representatives of Mortgage Intelligence Holdings.
Sally Laker, managing director at Mortgage Intelligence, said: “With the continual threat of a rate increase this is a great product at a time when rates are incredibly low with the added certainty of five years at 3.79 per cent.”
Martin Richardson, general manager for business development at Leeds Building Society, commented: “Borrowers seeking longer-term security of payment over the next five years have the opportunity to lock into a competitive deal while rates are low.
“Autumn is traditionally a busy time for remortgaging and homeowners may want to review whether switching will bring down their monthly repayments or help to reduce their mortgage term.”
peter.walker@ft.com