Leeds Building Society has brought out a new 85 per cent LTV mortgage.

The offering comprises a two-year fix set at 2.55 per cent with £999 completion fee. It comes with a free valuation and fees assisted legal services for standard remortgages.

Meanwhile, the lender has refreshed its 75 per cent LTV two-year fix to offer a rate of 1.48 per cent (formally 1.53 per cent) and the 65 per cent LTV is now at 1.42 per cent (formally 1.48 per cent).

The above two mortgages also charge a £999 completion fee and come with fees assisted legal services for standard remortgages.

Leeds Building Society director of products Matt Bartle says: “Switching to a new deal could save homeowners money at a time when rates are historically low.

“Fixed rates remain a really popular choice because they give borrowers the security of knowing what their monthly repayments will be, which can be a big help when managing their household budget.”