Leeds Building Society Euribor Lifetime Tracker mortgage launched

The Leeds Building Society Euribor Lifetime Tracker mortgage has been launched with a rate of the Euribor tracker plus one per cent.

The product, which forms part of the range of mortgages for foreign properties, is available to all UK residents, expatriates and Gibraltarians wishing to purchase property on the Costa del Sol.

Sally Butcher, the Gibraltar operations manager, said that the Leeds Building Society Euribor Lifetime Tracker mortgage was "extremely competitive", starting at a rate of 3.13 per cent.

She added: "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."

Customers interested in the mortgage can telephone Leeds Building Society, visit a local branch or visit the website.