Leeds Building Society has reduced rates by up to 0.20% across its residential mortgage range ahead of the Bank of England (BoE) base rate decision later this week.
The fixed rates are available immediately and cover options for brokers, homeowners coming to the end of a fixed term, homemovers, and first-time buyers (FTBs) with larger deposits.
Products now include a 2-year fixed at 4.07% with a £1,499 fee up to 65% loan-to-value (LTV), a 4.34% 2-year fixed with no fee at 65% LTV, and a 4.44% 2-year fixed at 75% LTV with no fee.
Each mortgage comes with a free standard valuation, fees-assisted in-house legal service for remortgages, tapered early repayment charges (ERC), and allows up to 10% penalty-free overpayment per year.
Jonathan Thompson, senior product and pricing manager at Leeds Building Society, said: “The changes we have made to our mortgage range today will hopefully go some way to alleviating the pressure on homeowners who are coming towards the end of their fixed-term rate.
“We’ve implemented these changes to give brokers, buyers and homeowners greater choice as rates drop across the market, and we continue to assess our range of products in support of new and existing members.”
