Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.
To compliment this new market leading deal, the Society has reduced the rate on the version available up to 80% LTV by 0.65% to a new rate of just 3.14%. This deal offers exactly the same flexibility.
Phil Coombes, Leeds Building Society’s Head of Intermediary Sales said:
“We are delighted to launch this new 3 year fixed rate at 3.69%, and this market leading rate can be obtained with just a 15% deposit. We have also made a 0.65% rate reduction, to a new rate of only 3.14%, for those with a 20% deposit.
“This is a fantastic opportunity for those borrowers 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.”
To help compliment these 3 year fixed rate deals, a ‘fee assisted’ 3 year product is also on offer at 3.89% up to 80% LTV and at 4.29% between 81% and 85% LTV. This version is ideal for re-mortgages, offering free standard valuations and free in-house legal services for standard re-mortgages, together with reduced fees.
