Thursday, October 20, 2005

Leeds Building Society has launched Euro mortgage

Leeds Building Society has launched its first ever Euro mortgage available to UK residents, UK expatriates and Gibraltarians looking to purchase a property on the Costa del Sol. The product is a lifetime Euribor tracker plus 1 per cent and sits very well in the current market.

Sally Butcher, Gibraltar Operations Manager said, "We have a number of highly competitive Sterling mortgages available to purchase properties on the Costa del Sol and this new currency product compliments our range superbly. "The Euribor Lifetime Tracker mortgage is extremely competitive and will start at only 3.13 per cent.

This should suit customers who receive their income in Euros and there is no higher lending charge to pay and no early repayment charges, so the customer has complete control of their mortgage. I am confident we have a product to suit every customer's needs and that this product will prove extremely popular."


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