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Leeds Building Society announces discounts

30/12/2008

Leeds Building Society has announced it is to reduce prices on the majority of its mortgages as part of a New Year sale.

The range of discounts covers several fixed-rate, offset, first-time buyer and buy-to-let mortgages, the firm revealed.

General manager of marketing and customer services Karen Wint said that the deals offer first-time home purchasers, as well as those looking to remortgage, with "peace of mind and flexibility".

She noted that despite the credit crunch, it is "business as usual" for the company as it is a building society and not a bank, many of which have had to apply for government support.

Rates on the newly-reduced of homeowner loans start at 4.75 per cent over three years.

Ms Wint remarked: "The New Year is a great time to sort out your finances and it's mortgage sale time at Leeds Building Society. I would urge customers to act quickly."

It comes after NatWest and Royal Bank of Scotland unveiled deals on fixed-rate mortgages.
 

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