Leeds Building Society has just launched a great new best-buy fixed-rate mortgage deal at only 3.75%.
The new best-buy 3-year fixed rate allows customers to redeem up to 1% of the capital each year, without penalty. Furthermore, there is no higher lending charge and the mortgage is fully portable.
"This best buy product is a fantastic opportunity for those borrowers who wish to take away any uncertainty, on what is usually a household's biggest monthly outgoing, and lock into low fixed repayments," says Kim Rebecchi, Sales and Marketing Director.
"It provides customers with peace of mind and the security that their monthly payments will remain the same for three years, at a very affordable rate, combined with the flexibility of 1% capital repayments each year."
The mortgage deal from Leeds Building Society is fully portable, so should customers wish to move home, they can take the fixed-rate mortgage deal with them without penalty.
The fixed rate of 3.75% is available up to 75% loan to value (LTV). There is also a version available at 4.5% between 76% and 8% LTV, which offers exactly the same flexibility.
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YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE