New Leeds Building Society 10-year fixed rate mortgage on market

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New Leeds Building Society 10-year fixed rate mortgage on market

A new Leeds Building Society 10-year fixed rate mortgage has been launched to cater for people with smaller deposits.

The new product comes with a 4.99 per cent rate and has no higher lending fee. It is available up to 90 per cent loan-to-value (LTV).

Popular demand for the building society's earlier 10-year fixed-rate mortgage, Best Buy, has triggered the launch of this new product.

"It is clear that customers want to lock in good value when rates are low enough and this is another ideal opportunity," said Karen Wint, head of marketing at Leeds.

"In view of our experience last time, I would urge customers to act quickly to avoid disappointment."

For people with smaller deposits, another version of the Leeds Building Society 10-year fixed rate mortgage has also been launched at the rate of 5.29 per cent.

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