Leeds mortgage is flexible and secure

Leeds Building Society has launched a new fixed-rate mortgage product, which offers flexibility as well as security.

The firm has announced its new market-leading two-year fixed-rate deal at 5.99 per cent.

Borrowers will be able to borrow up to 80 per cent of the value of their property, will have unlimited capital repayments and all of this comes at no higher lending charge.

"We know that many customers like the ability to budget through guaranteed monthly payments. This product is simple, straightforward and offers excellent peace of mind," said Karen Wint, general manager of marketing and customer services at Leeds Building Society.

"With many mortgage customers coming out of a fixed-rate in 2008 the opportunity to fix the cost of the biggest monthly outgoing will be welcomed.

"This, combined with the flexibility of unlimited capital repayments without penalty, should prove popular with households looking to control their expenditure,"she continued.

The mortgage is available up to a maximum value of £250,000.

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