The Society has also reduced the version available between 66% and 80% LTV by 0.16% to 3.14%.
These two new rate cuts compliment the Society’s existing, market leading 2 year discount mortgage at only 2.95% up to 65% LTV. Furthermore, all tiers of the 2 Year discount mortgage provide the flexibility of 10% capital repayments each year and have no higher lending charge.
Leeds has also lowered rates on the fees assisted versions of these products for those who require help with upfront costs. The mutual now has a market leading offer available at 3.50% between 76% and 80% LTV, following a 0.25% rate cut. There is also a market leading deal at 3.39% available up to 75% LTV. Furthermore, those clients with just a 15% deposit can benefit from a 0.21% rate reduction to 4.49%. All these fees assisted offers contain a free valuation up to £335 and free in-house legal services for standard remortgages. Leeds also has a non locked in fees assisted 2 Year Discount at 3.59% up to 80% LTV, which allows unlimited capital repayments.
Phil Coombes, Leeds Building Society’s Head of Intermediary Sales, said:
“Our market leading 2 year discount mortgage at only 2.95% offers great value, particularly when combined with the flexibility of 10% capital repayments each year without penalty and no higher lending charge.
“We are also pleased to have cut rates on the fees assisted versions of these products by up to 0.25%, to offer market leading offers at 3.39% up to 75% LTV and 3.50% between 76% and 80% LTV. The Society is also offering a free valuation up to £335, and free in-house legal services for standard remortgages, to those clients who require help with up front costs.”
