Leeds Building Society launches new fixed rate mortgage

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Leeds Building Society launches new fixed rate mortgage

Prospective homeowners shopping around for the best mortgage deals could be interested in a new fixed rate product from Leeds Building Society.

The mortgage lender has announced the launch of a five year deal, which is available at up to 80 per cent loan to value at a rate of 4.39 per cent for customers.

Buyers will not be subject to a higher lending charge as a result of the new offer and ten per cent capital payments are allowed to be given annually without a penalty.

Sales and marketing director for the building society Kim Rebecchi urged potential homeowners to visit a Leeds branch to hear more about existing deals.

She said: "We know that peace of mind is an important factor and many customers will welcome the ability to budget for what is, for many households, their biggest monthly outgoing."

Launched in 1875, Leeds Building Society has provided mortgage deals for 70,000 individuals, couples and families across the UK.

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