Leeds Building Society has launched two, three, five and 10-year fixed rate mortgages in its new range, despite the Bank of England's decision to keep base rate at 5.50%.
The Leeds Building Society has announced that there are two and 10-year fixed deals starting at only 4.99%, with the three-year at 5.15% and the five-year at only 5.05%. Many also include a free valuation and there are fee free versions for customers looking to minimize up front costs.
There is no higher lending charge on any of the products and unlimited capital repayment options available. A number of the products also provide a free valuation up to GBP335 and allow 10% capital repayments each year, without penalty, where an early repayment charge applies.
Karen Wint, general manager of marketing and customer services at Leeds Building Society, said: This suite of products lead the market, offer outstanding value and take into account the reduction in swap rates which have factored in possible bank base rate decreases.