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Leeds Building Society slashes rate on 3-year fix

Leeds Building Society has reduced the rate on its 3 year fixed rate
mortgage and fee free version by up to 0.50 per cent.

Previously at 5.39 per cent, the 3-year fixed rate mortgage has been reduced to 4.99 per cent and the the fee free version, which was previously 5.89 per cent is now 5.39 per cent. The products allow unlimited capital repayments without penalty.

Corporate relationship manager Jeff Kirk says: “With some market
commentators predicting that the Bank of England may look to increase base
rate as early as August, we believe these products are extremely attractive. Clients can now lock in good value and secure a rate of under 5 per cent for the
next 3 years. The fee free version will be attractive to clients who are
looking for the peace of mind offered by this type of product and need help
with fees.”

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