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Two competitive new fixed rate mortgages from the Leeds

Leeds Building Society has launched new two year fixed rate mortgages with incentives, starting at 1.79%.

Borrowers wanting to fix at a competitive rate for two years can choose:

  • 1.79% with a completion fee of £1,250; or
  • 1.99% with a completion fee of £250.

Each mortgage is available up to 65% LTV (loan to value) and includes a free standard valuation. Borrowers who are remortgaging also benefit from free legal services.

“These latest deals for two year fixed rates are among the most competitive on the market,” said Kim Rebecchi, Sales & Marketing Director at Leeds Building Society.

“The low fee option at 1.99%, combined with incentives including free valuation, will appeal to borrowers wanting to minimise their upfront costs. We think these mortgages offer excellent value, whether borrowers are moving home or seeking to remortgage and save money on their monthly repayments.”

For more information, customers can call into their local branch or visit www.leedsbuildingsociety.co.uk

Alternatively call the Society’s mortgage hotline, on 08450 540 994, where qualified mortgage advisors are available seven days a week from 8am to 8pm in the North East-based call centre.

Ends

Notes to Editors

Fees Assisted 2 Year 1.79% Fixed Rate Mortgage up to and including 31 March 2016:

  • Maximum 65% LTV.
  • Interest rate fixed at 1.79% until 31/03/2016.
  • No Higher Lending Charge.
  • £199 Booking Fee.
  • £1,250 Completion Fee.
  • Free standard valuation up to £335.
  • Free in-house legal services for standard remortgages.
  • Tapered early repayment charges of 3% of the amount redeemed in year 1 and 2% in year 2.
  • 10% capital repayments are allowed each year.
  • Maximum loan of £500,000.
  • Interest is Calculated Daily.

Fees Assisted 2 Year 1.99% Fixed Rate Mortgage up to and including 31 March 2016:

  • Maximum 65% LTV.
  • Interest rate fixed at 1.99% until 31/03/2016.
  • No Higher Lending Charge.
  • £199 Booking Fee.
  • £250 Completion Fee.
  • Free standard valuation up to £335.
  • Free in-house legal services for standard remortgages.
  • Tapered early repayment charges of 3% of the amount redeemed in year 1 and 2% in year 2.
  • 10% capital repayments are allowed each year.
  • Maximum loan of £500,000.
  • Interest is Calculated Daily.
  • Leeds Building Society has assets of £10.8bn (as at 30 June 2013) and 67 branches throughout the UK, Gibraltar and Ireland. The Society has operated from the centre of Leeds since 1886.