Leeds Building Society launches new mortgage
www.moneynews.co.uk > Mortgages > Leeds Building Society launches new mortgage
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Money News |
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Leeds Building Society launches new mortgage
Fri 20th Feb 2009
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It is designed to complement the firm's existing ten-year fixed rate mortgage and both have a rate of 4.75 per cent.
Furthermore, there is no higher lending charge for the mortgage and the fee is only £199.
This is combined with an offer of free in-house legal advice for remortgages and ten per cent capital repayments which are permitted each year, without penalty.
Kim Rebecchi, director of sales and marketing at Leeds Building Society, said that because of the current financial downturn, "many clients will welcome the ability to budget and limit their monthly outgoings, particularly existing mortgage customers who may be coming to the end of their current deal".
Meanwhile, Chelsea has recently announced the launch of a ten-year fixed rate mortgage which offers an interest rate of 4.59 per cent.
Click here for moe mortgage news
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