Leeds BS and Principality BS make rate cuts Mortgage Strategy

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Leeds Building Society has reduced selected fixed rate products by up to 30 basis points and Principality Building Society has made changes to its on-sale acquisition mortgage range.

Leeds Building Society has lowered rates on two-, three- and five-year fixed rate mortgages.

The society has also launched a new limited company buy-to-let (BTL) product at 5.39% in support of brokers and intermediaries who are working with landlords operating within a limited company structure.

Meanwhile, Principality Building Society has cut rates by up to 0.54%.

The lender’s two-, three- and five-year fixed 80% loan-to-value (LTV) products have been lowered by up to 0.54% while two- and five-year fixed 80% LTV cashback products also by up to 0.54%.

In addition, two- and five-year fixed 85% LTV cashback products have decreased by up to 0.42%.


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