Leeds launches new 5-year fix

The society has also launched a 3-year fixed rate deal at 3.99% available up to 80% LTV offering the same flexibility and a 2-year ‘fees assisted’ product at 3.69% up to 65% LTV.

This product is ideal for re-mortgages, offering free standard valuations worth up to £335 and free in-house legal services for standard re-mortgages, together with reduced fees.

Phil Coombes, Leeds' head of intermediary sales, said: “Our new mortgage range offers a fantastic opportunity for those clients who wish to lock into the certainty of low fixed repayments.

"This is combined with the flexibility of 10% capital repayments each year at a very affordable rate. Our fees assisted 2-year fixed rate is suitable for those clients who may require help with up front costs.”