From tomorrow, the society will reduce its five year fixed rate mortgages, from 3.09% to 2.89% up to 75% LTV, and from 3.34% to 2.99% up to 80% LTV.
The Society also will offer a competitive fee assisted five year fixed rate mortgage up to 80% LTV, reduced from 3.44% to 3.09%. This comes with a free standard valuation up to £335 and fees assisted legal services for standard remortgages.
Furthermore, Leeds will also lower rates on its two year fixed rate mortgages, from 2.39% to 2.24% up to 75% LTV, and from 2.59% to 2.39% up to 80% LTV.
The Society is also offering a competitive fee assisted two year fixed rate mortgage up to 80% LTV, reduced from 2.69% to 2.44%. This again comes with a free standard valuation up to £335 and fees assisted legal services for standard remortgages.
Martin Richardson, Leeds Building Society's General Manager – Business Development said:
“We've reviewed our range of competitive two and five 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 expect these deals to appeal both to remortgagors, who have more equity in their property, and homebuyers with a larger deposit to put down."