Leeds Building Society has added new two and five-year deals to its range of fixed rate mortgages.
The two-year deals come with a free valuation, a low £199 fee, and £750 cashback.
The deals include:
- 2.20% fees assisted two-year fixed rate up to 80% LTV (loan to value) with £750 cashback
- 2.40% fees assisted two-year fixed rate up to 85% LTV with £750 cashback
The five year deals also are available at a mid-range LTV:
- 2.10% five-year fixed rate up to 80% LTV
- 2.20% five-year fixed rate 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.”
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