Fixed Rate Mortgages
With our Fixed Rate mortgages, your repayments will stay the same during the fixed term period, helping you to plan ahead. No need to worry about interest rates going up, as you can fix the rate for a term between 2 and 10 years. However if interest rates go down you will not receive the benefit of this during the fixed rate period. You should also be aware that some fixed rate mortgages include early repayment charges. After the fixed rate period and any applicable period where a discount rate applies, your repayments will revert to our Standard Variable Rate.
We’ve introduced a carbon offset feature on all our 95% LTV (loan to value) mainstream residential fixed rate mortgages during the initial fixed term. This will help reduce your property’s carbon footprint by offsetting the forecast environmental impact of an average home* during the fixed term of the mortgage.
We’re the first lender to introduce this on all of our new purchase 95% LTV residential fixed rate mortgages - and it’s available on any property, regardless of its energy efficiency rating.
You can choose from applying online** (unless stated below) or over the phone, and can even use our mortgage calculator and get an Approval in Principle.
* To offset the amount of carbon produced by heating/lighting/power usage by a typical Leeds Building Society property calculated at 4.2 tonnes of carbon per annum
The mortgaged property (which may be your home) may be repossessed if you do not keep up repayments on your mortgage