Leeds Building Society has launched a new, direct-only five-year fixed rate mortgage available from 5.35%.

There is no higher lending charge, a fixed fee and 10% capital repayments are allowed each year, without penalty.

Kim Rebecchi, director of sales and marketing, said: “This is a fantastic opportunity for those borrowers who wish to lock into the certainty of low fixed repayments. These products deliver peace of mind and security