The following two-year fixed rate products will be launched on 22 September:

• 1.99% up to 65% LTV
• 2.05% up to 75% LTV
• 2.15% up to 80% LTV
• 2.25% up to 85% LTV

Each comes with a £199 fee and a free valuation, as well as fees assisted legal services for standard remortgages.

“These new two year deals are market-leading rates with the added attraction of incentives including a generous cashback,” said Jaedon Green, Leeds Building Society’s director of product and distribution.

“The cashback, low fee and free valuation are ideal for homebuyers wishing to keep their initial costs to a minimum or homeowners wanting to switch to a better deal from their current mortgage while rates are at record lows.”

The Society also has refreshed its existing fixed rate mortgage range, with cuts to some rates on three and five year deals, available from  23 September. They include:

• Three-year fixed rate at 1.99% up to 75% LTV, with a £199 fee and a free valuation, and fees assisted legal services for standard remortgages
• Three-year fixed rate at 2.14% up to 80% LTV, with a £199 fee and a free valuation, and fees assisted legal services for standard remortgages
• Five-year fixed rate at 2.35% up to 85% LTV, with a £999 fee
• Five-year fixed rate at 2.55% up to 85% LTV, with a £199 fee and a free valuation, and fees assisted legal services for standard remortgages