The Leeds Building Society has lowered rates on selected fixed rate Flexit mortgages with no Early Repayment Charges (ERCs).

The mutual has cut two fixed rate mortgages in its Flexit range by 0.30 percentage points, with both products available for residential lending up to 75% loan to value (LTV).

The products are a two-year fixed rate Flexit mortgage at 1.69% and a five-year fixed rate Flexit mortgage at 1.89%.

Both deals come with a free standard valuation, fees assisted legal services for standard remortgages and a £999 fee.

Matt Bartle, director of products at Leeds Building Society said: “Our Flexit mortgages give our customers the freedom to adapt their mortgages to suit their changing circumstances.

“They offer the certainty of fixed mortgage payments each month with the added flexibility to make unlimited overpayments or pay off mortgages in full without any Early Redemption Charges.

“These are uncertain times for many of us, and having this extra flexibility can really benefit borrowers, who know when they take a Flexit mortgage they have the freedom to make changes later down the line.”