Leeds Building Society five-year fixed-rate mortgage 'provides certainty'

Date:Tuesday 6th July 2010
Author: Susanna Kavka

Homeowners looking for a degree of certainty with regard to their property repayments may wish to look at the Leeds Building Society five-year fixed-rate mortgage.

This is the opinion of sales and marketing director of the firm Kim Rebecchi, who highlighted how the deal also offers customers £1,000 cash back on completion of the arrangement.

She stressed that the Leeds Building Society five-year fixed-rate mortgage is fully portable and noted that it may help people with their long-term budgeting.

"It benefits those borrowers who wish to lock into the certainty of low fixed repayments, providing peace of mind and the security that their monthly payments will remain the same for five years," explained Ms Rebecchi.

The mortgage is available up to 60 per cent loan to value (LTV) at 4.59 per cent interest, although there are higher LTV versions on offer with increased interest rates.

This week, Leeds Building Society highlighted the launch of its 'best-buy' three-year fixed-rate mortgage at 3.75 per cent interest, which the firm described as a very affordable rate.