Leeds BS launches two and five year fixed rates

Leeds Building Society has added new two and five year deals to its range of fixed rate mortgages.

Related topics:  Mortgages
Rozi Jones
27th March 2017
Leeds Building Society
"These latest additions to our range of fixed rate mortgages are at a medium LTV, so ideal for homeowners who’ve built up more equity in their property"

Two-year fixed rates are available from 2.20% up to 80% LTV and 2.40% up to 85% LTV. Two year deals come with a free valuation, a £199 fee, and £750 cashback.

Five-year fixed rates now start from 2.10% up to 80% LTV and 2.20% up to 85% LTV.

Jaedon Green, Leeds Building Society’s Director of Product and Distribution, said: “These latest additions to our range of fixed rate mortgages are at a medium LTV, so ideal for homeowners who’ve built up more equity in their property and may want to remortgage to a better rate.

“The fees assisted two year products have extra incentives which reduce the costs of switching.

“Fixed rate mortgages remain the preference for most borrowers, to give security over their monthly repayments. While two year fixes remain very popular, a five year deal is worth considering when rates are so low, to lock in to a beneficial rate with that extra security.”

More like this
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.