The Leeds offers fee-free fixes with cashback

Published on

The Leeds Building Society has revamped its fixed rate mortgage range and introduced new deals with no product fee and cashback of up to £1,000.

The mutual said the changes were made in response to intermediary feedback.

New deals include the following:

  • 1.88% two year fixed rate mortgage with £500 cashback available up to 60% LTV (loan to value)
  • 1.94% two year fixed rate mortgage with £500 cashback available up to 75% LTV
  • 2.19% five year fixed rate mortgage with £1,000 cashback available up to 60% LTV
  • 2.24% five year fixed rate mortgage with £1,000 cashback available up to 75% LTV

All deals include a free standard valuation and no product fee.

Jaedon Green, the Leeds Building Society’s director of product and distribution, said: “The majority of borrowers choose fixed rates, which offer certainty over repayments.

“Mark Carney’s hints last week that the Base Rate is likely to increase sooner and more quickly than previously forecast may prompt homeowners to review their existing mortgage.

“While the latest additions to our fixed rate range are available for purchase and remortgage, the fact they come with cashback and no product fee is an extra incentive for remortgagors looking to switch  and fix while rates remain low, while cashback will help reduce the impact of unexpected costs experienced by most home movers.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Homeowners delay energy upgrades amid confusion over EPC ratings

More than two-fifths of UK homeowners have delayed or are considering delaying energy-efficiency improvements,...

Lengthy completions put mortgage offers under pressure

Homebuyers face an average five-month wait between agreeing a sale and completing, increasing the...

Insured expats still face barriers to healthcare

More than half of insured expatriates have delayed or gone without necessary healthcare because...

Mortgage lending rebounds but book growth lags

UK mortgage gross lending increased by more than a fifth during 2025, although substantially...

Foundation backs complex Oxfordshire holiday-let purchase

Foundation has provided a £153,700 mortgage for an experienced landlord buying a newly developed...

Latest publication

Other news

Q&A: Kristofer Day, TAB

Mortgage Soup fires the questions at Kristofer "Kris" Day of specialist lender TAB. Mortgage Soup...

Homeowners delay energy upgrades amid confusion over EPC ratings

More than two-fifths of UK homeowners have delayed or are considering delaying energy-efficiency improvements,...

Lengthy completions put mortgage offers under pressure

Homebuyers face an average five-month wait between agreeing a sale and completing, increasing the...