Leeds launches five-year fix at 5.49%
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Leeds Building Society has launched a five-year fixed rate mortgage range from 5.49%.
Available via the mutual’s intermediary channel, it starts at 75% LTV. A rate of 5.99% is available up to 85% LTV. There is no higher lending charge and 10% capital repayments are allowed each year without penalty.
Kim Rebecchi, director of sales and marketing, says: “The product speaks for itself and delivers peace of mind and security, combined with the flexibility of 10% capital repayments each year at an affordable rate. The mortgage is also fully portable should a borrower wish to move home.”
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