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Leeds launches 10-year fixed rate mortgage

Sep 11, 2006

Leeds Building Society is offering a 10-year fixed rate mortgage at 4.97%. Available up to 90% loan to value, this product allows 10% capital repayments each year without penalty and has no higher lending charge

10-year fixed rate mortgage is fixed up to, and including, November 30, 2016. The rate will then shift to the society’s standard variable rate of 6.74% for the rest of the mortgage. The overall cost for comparison is 5.9% APR and a fee-free version is also available, Leeds added.

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