Leeds launches 95% LTV 2-year fix

Leeds Building Society has launched a 2-year fixed rate mortgage at 3.89%.

Leeds Building Society has launched a 2-year fixed rate mortgage at 3.89% to 95% loan-to-value.

The product comes with a £199 fee and a free valuation.

Martin Richardson, director of business development at Leeds, said: “In addition to a competitive rate, this 2-year fixed rate deal comes with the extra incentives of a low fee and free valuation.

“It’s important to us to support borrowers who are not well served by the wider market, including home buyers with smaller deposits.

“Traditional higher LTV mortgages are part of this offering, alongside shared ownership mortgages, our home loans under the government’s Help to Buy Equity scheme and our unique, award-winning Welcome Mortgage, with an initial period at 0% interest.”