Leeds Building Society made reduced rates on 75% and 80% loan to value (LTV) mortgages products.
The changes are as follows:
Hero Products:
2-Year Fixed Rate Mortgage: 5.23%:
- 75% LTV
- Initial Rate: 5.23%
- £999 Fee
- Term: 2 years, until 28/02/2026
2-Year Fixed Rate Mortgage: 5.60%:
- 80% LTV
- Initial Rate: 5.60%
- £999 Fee
- Term: 2 years, until 28/02/2026
Sean Hanson, senior mortgage manager at Leeds Building Society, said: “The Bank of England’s decision yesterday to hold interest rates will come as good news for homeowners and those looking to step onto the property ladder.
“Despite rates staying flat, we are pleased to be able to make further rate reductions to support first-time buyers and borrowers who are coming towards the end of their current mortgage term.”
