The Leeds unveils new five-year fix

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Leeds Building Society

The Leeds Building Society has introduced a five-year fixed rate mortgage at 3.95% available up to 80% loan to value (LTV).

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

It comes with a £199 booking fee and £800 completion fee up to £500,000, 1.00% over £500,000

The mutual has also launched a three-year ‘fees assisted’ mortgage at 3.75% up to 75% LTV, and at 4.39% up to 85% LTV. These offer free standard valuations worth up to £335 and free in-house legal services for standard re-mortgages, together with reduced fees.

Kim Rebecchi, Leeds Building Society’s sales and marketing director, said: “Our new mortgage range, which includes a market leading five-year deal, offers a fantastic opportunity for those customers who wish to lock into the certainty of low fixed repayments. This is combined with the flexibility of 10% capital repayments each year at a very affordable rate.

“We have also launched a market leading fees assisted 3 year fixed rate, which is suitable for those customers who may require help with up front costs.”

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