Leeds fixed-rate mortgages 'guaranteed for another week'
www.moneynews.co.uk > Mortgages > Leeds fixed-rate mortgages 'guaranteed for another week'
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Money News |
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Leeds fixed-rate mortgages 'guaranteed for another week'
Fri 8th Dec 2006
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The firm announced yesterday that it would be providing the opportunity to get a Leeds fixed-rate mortgage as an antidote to concerns that the Bank of England will raise the base rate early in 2007.
Karen Wint, head of marketing and public relations at Leeds Building Society, has said that fixed-rate mortgages offer consumers peace of mind as they protect people against risk and she has urged people to move quickly to get a Leeds fixed-rate mortgage.
Ms Wint said: "We are committed to providing our customers with fixed rate products and guarantee that our current range will be available until Friday December 15th.
"However with market rates currently fluctuating, we have to re-evaluate our range and, therefore, I would suggest customers act quickly to secure a mortgage offer and benefit from the peace of mind provided by our current range."
Consumers can choose from either a three-year or ten-year Leeds fixed-rate mortgage, with both launched in recent weeks.
The three-year Leeds fixed-rate mortgage offers consumers a product that charges 5.29 per cent interest, while the ten-year Leeds fixed-rate mortgage offers an interest rate of 4.99 per cent until January 2017, when it will revert to the Bank of England base rate plus 0.95 per cent.
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