Leeds Building Society enters the January Sales

Looking for a fixed rate? Up to £1,135 savings in mortgage fees from the Leeds

Leeds Building Society is taking its current 3 year fixed rate mortgages and stripping out several of its fees for a New Year sale offering.

The 3-year fixed rate mortgage range starts at 4.75% (60 per cent LTV) and goes up to 6.24% at 85 per cent LTV.  There's a booking fee of £199, but the completion fee of £800 — which usually takes total up to a fairly standard £999 — is being removed to tempt January buyers.

If saving £800 isn't enough, you can also get a free standard valuation which Leeds Building Society says is worth £335.  This takes the total potential savings up to £1,135. 

So, good news for those wishing to remortgage in January. Many households have mortgage deals that expire on 31st December, which always seems a long way off at the time of signing the form but in practice takes people by surprise as they try and squeeze in a remortgage while mortgage advisers are just returning from their Christmas break.

And that money would be better spent on repaying any debts incurred at Christmastime rather than ploughed into the pockets of mortgage lenders!

Happy New Year to our readers — merry mortgaging in 2010.