Three-year fix from Leeds

Martin Richardson, Leeds Building Society general manager for business development, said it could provide a good compromise for borrowers looking to commit for more than two years, who feel five years or more is too long.

Key features:

Available on home loans up to 65 per cent LTV with free standard valuation, up to £335

Article continues after advert

Free in-house legal services available for standard remortgages

£199 booking fee and completion fee of 2.5 per cent of the loan amount

Maximum loan £200,000

Capital repayments of 10 per cent are allowed each year


David Hollingworth, London & Country Mortgages, Bath

“This is the lowest rate on the market, but you can’t assess on rate alone. You have to factor in the fees. Three-year rates have a place and this is an eye-catching rate, but the fees are large.”