Leek Building Society has announced a series of mortgage rate reductions across the majority of its product range, with all changes live from 12 January.

The latest reductions apply across key areas of lending, including Residential, Shared Ownership, Limited Company Buy to Let and Own New.

Highlights include: reductions of up to 10bps across selected products; 95% LTV Residential rates now from 4.56%;  95% LTV Shared Ownership rates reduced to 4.61%; limited company Buy to Let (75% LTV) rates now from 4.80%; Own New 95% LTV two-year fixed with 5% incentive reduced to 2.46%

Leek Building Society has reduced rates by 5bps across its Shared Ownership range.  Two-year fixed rates now from 4.61%; five-year fixed rates now from 4.63% and products available with up to £400 cashback

For limited company buy to let  (75% LTV) rate reductions apply across both 2-year and 5-year fixed products, with selected 5-year fixes reduced by up to 10bps. With two-year fixed rates now from 4.80%; and five-year fixed rates now from 4.87%

The lender has also reduced rates by up to 10bps across its high LTV Residential products. With two-year fixed rates now from 4.79%; and five-year fixed rates now from 4.56%, with fee options available

Leek has also made further reductions to its Own New range, with reductions  of up to 11bps, with two-year fixed with 5% incentive now 2.46%; and five-year fixed with 5% incentive now 3.65%.