UK finance firm Leeds Building Society has introduced a range of new three-year fixed-rate mortgages available up to 100% loan to value and a fee-free option for customers who require help with upfront costs.
The new mortgages are designed to offer customers greater choice and support first time buyers, with the added peace of mind of a fixed monthly mortgage payment. Other features include a competitive interest rate ranges from 5.79% to 6.59%, depending on the amount of deposit the customer decides to use, no higher lending charge, and a 10% allowance on capital repayments each year without penalty.
Karen Wint, head of marketing & PR for Leeds Building Society, said: These products offer excellent flexibility for customers who do not have any deposit, or would prefer to keep their savings to furnish their new home. We have also launched fee-free versions to help more customers benefit from a fixed rate mortgage.