Leeds BS reduces rates on select fixed mortgages – Mortgage Finance Gazette
Leeds Building Society has made a series of rate reductions across its fixed rate mortgage range.
Rates have been reduced by up to 35bps on selected products in the range, applicable to new borrowers and those remortgaging.
Following the reductions, rates now start at 4.09% for a five-year fix, cut from 4.44%.
This product comes with a completion fee of £999 and is available up to 75% LTV.
Other new rates include a three-year fix available up to 75% at 4.60%, formerly 4.85%, with no completion fee.
Leeds Building Society senior mortgage manager Jonathan Thompson says: “We’ve already made a number of cuts in rates across our mortgages over the past few weeks but we continuously look to stay as competitive as possible.
“Our latest reductions relate to a range of purchase and remortgage products as we seek to support a variety of different types of borrower to get the home they want or a better deal on an existing mortgage.”
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