Leeds Building Society has launched its lowest ever 10-year fixed rate at 2.08 per cent.

The deal is available to homebuyers at up to 65 per cent loan to value.

In its buy-to-let range it is offering a rate of 2.44 per cent for landlords borrowing up to 60 per cent LTV  and 3.19 per cent for those borrowing up to 70 per cent LTV. 

All three new products come with free standard property valuation and a fee of £999.

They will be available from Friday 13 March.

Leeds Building Society director of products Matt Bartle says: “In these uncertain times, our new 10-year fixed rate products will provide reassurance for those looking for a bit of longer-term security.

“As a well-established building society with a robust and varied range of products, we’re very well placed to offer historic low rates on these residential and BTL mortgages.

“While we recognise that not all borrowers will be looking to fix for such a long time, those who are can benefit from the payment security and consistency offered by a 10 year deal.”