New fixed rate mortgage from Leeds BS - Mortgages - News |

News News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

New fixed rate mortgage from Leeds BS

New fixed rate mortgage from Leeds BS

Category: Mortgages

Updated: 23/01/2009
First Published: 22/01/2009

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Leeds Building Society has launched a market leading five year fixed rate mortgage.

There are two mortgages to choose from and neither has any extended tie-in. The first option, a market leading rate of 4.99% fixed to 30 April 2014 will lend a maximum of 75% of the house value. The second option, a higher rate of 5.49% to 30 April 2014 has the benefit of being able to lend up to 85% of the house value.

Our tip: there are a few added incentives to these mortgages, such as no arrangement fees and three months free accident, sickness and unemployment insurance. If you are looking to remortgage, then this deal has free legal fees, though you will still need to pay the valuation fee.

We particularly like the 4.99% offer and the added incentives. These mortgages earn four out of five Moneyfacts stars.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.