"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"
- Jonathan Thompson, senior product and pricing manager at Leeds BS
Leeds Building Society has reduced mortgage interest rates by up to 0.20% across a selection of its mortgage products at 75% and 90% LTV, alongside the introduction of new 95% LTV options.
Highlights include a two-year fixed rate at 85% LTV, which has reduced to 5.14% with a £999 fee.
In addition, the Society has launched new fee-free options, including a two-year fixed rate at 5.04% up to 75% LTV and a five-year fix at 5.39% up to 95% LTV.
Jonathan Thompson, senior product and 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.”
