Leeds Building Society had made reductions across its mortgage range to cut the cost of monthly mortgage payments for new borrowers.
The Society has reduced mortgage interest rates by up to 0.20% across a selection of its mortgage
products at 75% and 90% loan to value (LTV) and introduced new 95% LTV options.
Highlights include:
- Two-year fixed rate of 5.14% up to 85% LTV
- Five-year fixed rate of 5.39% up to 95% LTV
- New fee free options for two-year fixed rate (max. 75% LTV) and five-year fixed rate (max. 95% LTV)
Jonathan Thompson, senior product & pricing manager at Leeds Building Society, said: “We have reduced rates on existing residential two-year fixed rate mortgages by up to 0.20% and have
expanded the choice available to borrowers with the introduction of a new fee free five-year fixed rate
at 95% LTV.
“By reducing interest rates in a dynamic mortgage market and in turn bringing down to cost of monthly
mortgage payments, we are putting the interests of our members first and delivering on our purpose to
put home ownership within reach of more people.