Fixed rates drop below 2%

Published ¤ 04/10/2011 15:45:33

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Leeds Building Society has launched one of the best fixed rate mortgages on the market, a two-year fixed rate at 1.99%.

The best 2 year fixed rate mortgageIt is available up to 70% loan-to-value with fixed fees of £1,999.
As head of intermediary sales at Leeds Building Society, Phil Coombes said "This is an outstanding offer that allows clients to guarantee low payments for two years and benefit from the peace of mind this delivers. As a successful building society, we are committed to supporting clients on to the housing ladder and helping those looking to remortgage.
"With the cost of living spiralling many borrowers want to control their outgoings, and we know that certainty at an affordable rate will be popular. This is a strictly limited tranche and I would urge people to act quickly to avoid disappointment."
Paul Skinner, from Odiham based mortgage and insurance broker, PKS, commented "This is a market leading fixed rate, and it is great to see fixed rates below the 2% barrier. I am sure this will appeal to a lot of home-owners and home-buyers alike, but with limited funds, I am sure many will be too late and end up disappointed. Our advice is to contact your independent mortgage broker as soon as possible if you want to secure a mortgage at this rate!"
If you want "truly" independent mortgage advice, then call PKS on 0845 226 5009, or click here to email PKS.

PKS is authorised and regulated by the Financial Services Authority in respect of mortgage and general insurance business only.
Registered address: 10 Addison Gardens, Odiham, Nr Basingstoke, Hants RG29 1AS
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