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New market leading three year fixed rate mortgage from Leeds Building Society

Leeds Building Society has launched a new three year fixed rate mortgage with a market leading rate of 1.89%.

The deal is available on home loans up to 65% LTV (loan to value) and includes a free standard valuation. Remortgagors also benefit from free legal services.

“Three year fixed rate mortgages can be a good compromise for borrowers looking to commit for more than two years but who feel that five years or more is too long for them,” said Martin Richardson, Leeds Building Society’s General Manager — Business Development.

“This latest deal, with its market-leading rate of 1.89%, complements our selection of fixed rate mortgages, including two, five and 10 year terms.

“This choice enables borrowers to fix at a competitive rate and enjoy the security of knowing their monthly repayments, and decide on the length of time which best suits their individual circumstances.”

Ends

Notes to Editors

To discuss a new case with one of our mortgage development team, mortgage introducers should go to www.leedsintroducer.co.uk to find details of their nearest Business Developer contact.

3 Year 1.89% Fixed Rate Mortgage up to and including 31st March 2017:

  • Maximum 65% LTV
  • Interest rate fixed at 1.89% until 31/03/2017
  • £199 Booking Fee
  • Completion Fee of 2.50% of loan amount
  • Free standard valuation up to £335
  • Free in-house legal services for standard remortgages
  • 10% capital repayments are allowed each year
  • Maximum loan of £200,000

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.