Leek United has launched two new fixed rate mortgage products.

The new products include a two-year residential fixed rate mortgage with £400 cashback. It has a rate of 1.60%, fixed until 30/09/22, and a maximum loan to value (LTV) of 80%. The APRC is 4.8%. Application fees apply.

Additionally, it has launched a new five-year residential fixed-rate mortgage with a rate of 2.05% and maximum LTV of 80%, no application fees. The APRC is 4.3% and the rate is fixed until 30/09/25.

Lisa Buckley(pictured), head of sales and marketing at Leek United, said: “Our new fixed-rate mortgage range includes two new fixed-rate products, and is designed to respond to the changing mortgage market.

“These are competitive products for customers looking to have certainty over their rate and monthly payments for a period of time and will give homeowners added choice when their current mortgage deal is coming to end.

“I’m confident these products will allow intermediaries to have more options when helping their clients.”