Fixed rate mortgages cut by up to 0.30% by Leeds Building Society

Michael Lloyd

January 16, 2018

Leeds Building Society has refreshed its mortgage range by reducing all its fixed rate deals in the society’s holiday let mortgage range by up to 0.30%.

Highlights include a 1.99% 5-year fixed rate available up to 90% loan-to-value with a free standard valuation up to £999, and a 2.24% fee saver at a 5-year fixed rate available up to 85% LTV.

Jaedon Green, Leeds Building Society’s director of product and distribution, said: “Borrowers have benefitted from many years of historically low rates but we’re now in a rising rate environment and they may want to lock in to give themselves security on their monthly repayments.

“A lot of people start the new year by reviewing their financial commitments, or deciding to move, and the ongoing economic uncertainty gives homebuyers and remortgagors an extra incentive to lock into a fixed rate now for the longer term.”

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