Leeds BS reduces residential rates by up to 0.32%

Leeds Building Society is reducing rates across its mainstream residential mortgage rates by up to 0.32%.

In its first-time buyer and home mover ranges, 95% LTV products include a two-year fixed rate at 5.27% and a five-year fix at 5.24%. Both come with no fees and a free standard valuation.

Matt Bartle, director of products at Leeds Building Society, said: “We’re pleased to be reducing mortgage rates by up to 0.32% across our range. This will come as good news for first-time buyers with a smaller deposit saved and supports our purpose of putting homeownership within reach of more people, generation after generation.

“We’ve also reduced prices for home movers and those looking to remortgage at the end of their existing term, supporting borrowers at a time when affordability remains a key concern for many households.

“These changes reflect our ongoing commitment to offering good value and helping more people achieve their homeownership goals or manage their existing mortgage more confidently.”