Leeds Building Society has refreshed its mortgage range, introducing new fixed and tracker products available from today, 3 January.

The key product changes are as follows:

Two-year fixed rate (up to and including 31 March 2025)

• Available up to 65% LTV.
• Initial fixed rate of 4.74%.
• Followed by a 0.75% discount from SVR (currently 6.49%) up to and including 31 March 2028, then SVR.
• £999 completion fee.
• Free standard valuation.
• Fees Assisted in-house legal service for re-mortgages.
• Tapered early repayment changes until 31 March 2025.
• 10% capital overpayments allowed each year.

Two-year fixed rate (up to and including 31 March 2025)

• Available up to 90% LTV.
• Initial fixed rate of 5.29%.
• Followed by a 0.75% discount from SVR (currently 6.49%) up to and including 31 March 2028, then SVR.
• £999 completion fee.
• Free standard valuation.
• Fees Assisted in-house legal service for re-mortgages.
• Tapered early repayment changes until 31 March 2025.
• 10% capital overpayments allowed each year.

Five-year fixed rate (up to and including 31 March 2028)

• Available up to 65% LTV.
• Initial fixed rate of 4.39% up to and including 31 March 2028, then SVR (currently 6.49%).
• £999 completion fee.
• Free standard valuation.
• Fees Assisted in-house legal service for re-mortgages.
• Tapered early repayment changes until 31 March 2028.
• 10% capital overpayments allowed each year.

 Two-year Bank of England Tracker + 0.60% (up to and including 31 March 2025).

• Available up to 65% LTV.
• Initial rate of 4.10% (BoE +0.60%) up to and including 31 March 2025.
• Followed by a 0.75% discount from SVR (currently 6.49%) up to and including 31 March 2028, then SVR.
• £999 completion fee.
• Free standard valuation.
• Fees Assisted in-house legal service for re-mortgages.
• No Early Redemption Charges.
• Unlimited capital overpayments allowed.

Two-year Bank of England Tracker + 0.70% (up to and including 31 March 2025).

• Available up to 75% LTV.
• Initial rate of 4.20% (BoE +0.70%) up to and including 31 March 2025.
• Followed by a 0.75% discount from SVR (currently 6.49%) up to and including 31 March 2028, then SVR.
• £999 completion fee.
• Free standard valuation.
• Fees Assisted in-house legal service for re-mortgages.
• No Early Redemption Charges.
• Unlimited capital overpayments allowed.

Leeds director of products Matt Bartle says: “Money market rates have continued to soften over the past few weeks which is good news for hard pressed borrowers. We continue to see a strong demand from Brokers and homeowners alike for competitively priced, shorter-term fixed rate and tracker products.  By introducing these new products, we are giving homeowners competitively priced deals coupled with added flexibility should the general interest rate environment start to reduce.”