New fixed-rate mortgages offered by Leeds Building Society
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Two new fixed-rate mortgages from Leeds Building Society are offering interest rates of around five per cent.
Those currently looking for a fixed-rate mortgage with low interest may be attracted to some new packages announced by Leeds Building Society yesterday (June 18th).The 75 per cent loan-to-value fixed-rate mortgage comes with 5.1 per cent interest locked until 2014 and the deal also offers no higher lending charge, free legal services for remortgagers and the ability for ten per cent capital repayments each year.
Also available is a similar 85 per cent loan-to-value fixed-rate mortgage which features all the options of the 75 per cent version but with interest of 5.6 per cent.
Kim Rebecchi, director of sales and marketing at Leeds Building Society, said: "This is a fantastic opportunity for those borrowers who wish to lock into the certainty of low fixed repayments."
She added that there are still good value fixed-rate mortgages to be found on the market.
moneysupermarket.com recently warned that interest on fixed-rate mortgage deals will soon begin to rise and borrowers should think about locking their loans.
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