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Leeds Building Society New Year offers

The completion fee of £800 will be removed and a free standard valuation up to £335 will be added. In addition, the Society is offering free legal services for standard re-mortgages.

The Society's Three Year Fixed Rate products are available at current rates of 3.04% up to 75% loan to value (LTV), at 3.49% up to 80% LTV and at 3.99% up to 85% LTV. All tiers of the product allow 10% capital repayments each year without penalty, have no higher lending charge and a booking fee of only £199.

‘We are delighted to get 2012 off to a great start by converting our Three Year Fixed Rate's into a market leading New Year sale mortgage range. The removal of the £800 completion fee and the addition of a free standard valuation up to £335, on rates beginning at only 3.04%, means it really will be a Happy New Year,’ said Kim Rebecchi, Leeds Building Society's sales and marketing director.

‘The opportunity to minimise the cost of the biggest monthly outgoing will be welcomed and this sale product provides this. These fees assisted products are ideal for purchases and remortgages alike,’ she added.

The building society has also increased the loan-to-value (LTV) on its Five Year Fixed Rate mortgage to 95%, has introduced a 90% LTV tier with a rate below 5% and is offering fees assisted versions at these high LTVs for customers who need assistance with upfront set up costs.

‘We know that many customers are looking to lock in value and that finding a large deposit can be a challenge. That is why we have launched these Five Year Fixed Rates available with as little as a 5% deposit. These deals deliver certainty and peace of mind on what is often the biggest monthly outgoing for many households, at a very affordable rate and at a time when people are seeing other bills continue to rise. Therefore, these products will be attractive to customers looking to budget, and particularly to those customers looking for a highly competitive deal with a low deposit,’ explained Rebecchi.

‘We have significantly increased our lending and believe that these products will stimulate further home ownership at an affordable rate and support the wider economy. We have also launched fees assisted versions of these products, for those who require help with up front costs. These new products are available throughout our branch network, where we have fully qualified mortgage advisers to discuss individual customer needs,’ she added.

The Five Year Fixed Rate starts at 4.94% and the fees assisted version from 5.34%. All the mortgages allow 10% capital repayments each year without penalty and do not have a higher lending charge.