Leeds Building Society has cut rates on some 2-year fixed rate deals by up to 0.25 per cent and introduced a new 2-year fixed rate mortgage at 65 per cent loan-to-value.
The lender now offers a 2.99 per cent 2-year fixed rate mortgage at 85 per cent LTV with a £999 fee, a 3.29 per cent 2-year fixed rate mortgage at 85 per cent LTV with a £199 fee, free standard valuation up to £335 and free in-house legal services for remortgages, plus a 2.74 per cent 2-year fixed rate mortgage at 80 per cent LTV with a £999 fee and free standard valuation up to £335.
There is also a 2.59 per cent 2-year fixed rate mortgage at 75 per cent LTV with a £999 fee and free standard valuation up to £335 plus a new 2.59 per cent two-year fixed rate mortgage at 65 per cent LTV with a £199 fee, free standard valuation up to £335 and free in-house legal services for remortgages.
Martin Richardson, general manager of business development at Leeds Building Society, said: “Short term fixed rates are our most popular mortgages by far and we’ve reviewed our range of competitive 2-year deals to offer borrowers an additional range of benefits including low fees, free valuations and free legal services.
“We’ve reduced rates where we’ve been able to and introduced a new 65 per cent LTV product for remortgagors who have more equity in their property or homebuyers with a larger deposit to put down.”
