The product is available for both purchase and remortgages.
The 1.95% fixed rate is available for loans up to £500,000 and comes with free standard valuation and cashback.
Martin Reynolds, Chief Executive of SimplyBiz Mortgages, commented:
“Post-Brexit, longer term fixed rates are becoming more popular as people look to fix for stability. A three year fixed rate at sub 2% is a fantastic rate, and with the added benefits offers flexibility that may be needed in the near future. We are sure our members will welcome this additional product option.”
Jaedon Green, Director of Product & Distribution at Leeds Building Society, added:
“We work very closely with SimplyBiz Mortgages and its members and this new exclusive is another example of how we can adapt to the changing market and offer clients new solutions.”