Leeds Building Society has cut rates on some two year fixed rate deals by up to 0.25 percentage points, added benefits such as a free standard valuation to other deals, and introduced a new two-year fixed rate mortgage at 65% LTV.

New deals include:

• 2.99% two year fixed rate mortgage at 85% LTV with a £999 fee
• 3.29% two year fixed rate mortgage at 85% LTV with a £199 fee, free standard valuation up to £335 and free in-house legal services for remortgages
• 2.74% two year fixed rate mortgage at 80% with a £999 fee and free standard valuation up to £335
• 2.59% two year fixed rate mortgage at 75% with a £999 fee and free standard valuation up to £335
• 2.59% two year fixed rate mortgage at 65% with a £199 fee, free standard valuation up to £335 and free in-house legal services for remortgages

Martin Richardson, Leeds Building Society’s general manager for business development, said: “Short term fixed rates are our most popular mortgages by far and we’ve reviewed our range of competitive two year deals to offer borrowers an additional range of benefits including low fees, free valuations and free legal services.

“We’ve reduced rates where we’ve been able to and introduced a new 65% LTV product for remortgagors who have more equity in their property or homebuyers with a larger deposit to put down.”