Leeds launches two-year discount

The society has also reduced the rate available up to 80% LTV from 2.95% to 2.75%. Furthermore, there is also the flexibility of 10% capital repayments each year and no higher lending charge.

The society has reduced rates on the fees-assisted versions of these products, and now has market leading products for those who require help with up front costs.

The fees assisted two-year discount mortgage, available up to 80% LTV, has been reduced from 3.40% to 3.20%. In addition, the version available up to 85% LTV has also been reduced by 0.20% to 3.70%. These offers also contain a free valuation up to £335 and free in-house legal services for remortgages.

Kim Rebecchi, Leeds Building Society sales and marketing director said, "Our market leading 2 year discount mortgage at only 2.45% offers superb value, particularly when combined with the flexibility of 10% capital repayments each year without penalty and no higher lending charge. We are also pleased to have reduced rates on the fees assisted versions of these products, thereby offering a fantastic market leading rate to those customers who require help with up front costs."