According to the lender, two-year fixed rates are now available from 2.20% up to 80% LTV and 2.40% up to 85% LTV. Two year deals come with a free valuation, a £199 fee, and £750 cashback. Five-year fixed rates now start from 2.10% up to 80% LTV and 2.20% up to 85% LTV.
Jaedon Green, Leeds Building Society’s Director of Product and Distribution, said: “These latest additions to our range of fixed rate mortgages are at a medium LTV, so ideal for homeowners who’ve built up more equity in their property and may want to remortgage to a better rate.
The fees assisted two year products have extra incentives which reduce the costs of switching.
Fixed rate mortgages remain the preference for most borrowers, to give security over their monthly repayments. While two year fixes remain very popular, a five year deal is worth considering when rates are so low, to lock in to a beneficial rate with that extra security.”
