The Leeds January mortgage sale

Leeds Building Society is discounting its 2-year fixed rate mortgage by over £1,000 for any customers who take out the product in January - the £1,000 figure based on a rate of 5.40% combined with a free valuation up to £335, a reduced completion fee of £299 and 10% capital repayments allowed each year, without penalty.

The product - available only through the Society's branches, call centre and online - has a maximum LTV of 80% and no higher lending charge.

Meanwhile, early repayment charges work out to 3% of the amount redeemed in year 1, 2% in year 2. Maximum loan is £250,000.

The 5.40% rate includes a 0.24% discount for taking out the Society's Homecover insurance.

28 December 2007 © Moneyextra.com

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