Leeds launches market leading 2 year mortgage

Leeds Building Society has launched a new market leading two-year discount mortgage offering one of the markets best mortgage rates.

The best buy mortgage is available at a rate of 2.45 per cent up to 75 per cent loan to value LTV.

Furthermore, the product also allows the flexibility of ten per cent capital repayments each year and there is no higher lending charge.

Kim Rebecchi, Leeds Building Society's sales and marketing director, said: "This market leading mortgage at only 2.45 per cent offers superb value, particularly when combined with the flexibility of ten per cent capital repayments each year without penalty and no higher lending charge."

She added that the offer was strictly a limited edition and urged customers to take advantage as soon as possible.

Leeds' new mortgage rates increase to 2.95 per cent for 80 per cent LTV and 3.75 per cent up to 85 per cent LTV.

Earlier this month Leeds Building Society added to its product range by launching a tracker bond and a base rate tracker ISA.
 

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2010-10-27 12:12:08 © Moneyextra.com