Furthermore there are also fee assisted options for those customers who prefer help with up front costs.
Paul Kaye, General Manager Sales, Leeds Building Society, said:
"We have looked at this range carefully and, following customer feedback, delivered some market-leading mortgages. These include fee assisted offset options that provide peace of mind over a 2-year period.
"Offsetting can save customers interest on their mortgage, enabling them to pay it off quicker and provide a higher tax efficient equivalent savings rate compared to a normal investment product.
"Savings are also kept in a completely separate account, so there is no need for a fundamental re-organisation of finances, and customers have unlimited access to them at any time, providing outstanding flexibility and excellent peace of mind."
The range starts at only 3.40%, offers mortgages up to 80% loan to value and there is no higher lending charge. Even at such a low rate, the savings are earning the equivalent of 5.67% and 4.25% for borrowers who pay 40% and 20% tax respectively.
There are also fee assisted options, which also benefit from a free valuation, free in-house legal services for remortgages and no completion fee.
Paul added:
"These offset fixed rates will prove popular with those customers who wish to maintain complete flexibility with their savings, require help with up front costs and require peace of mind."
