The products are both fee-assisted three-year fixed rate mortgages which are exclusive to SimplyBiz Mortgages members and have a maximum LTV of 75 per cent.
The first mortgage has a 95 per cent borrowers’ share available at a fixed rate of 5.79 per cent. There is a £199 booking fee and a cashback of £500, payable on completion.
The second product provides a borrowers’ share of up to 90 per cent at a rate of 5.24 per cent. Total fees amount to £499.
SimplyBiz Mortgages chief executive Martin Reynolds says: “I’m very proud of the many exclusive deals we’ve been able to make available to SimplyBiz Mortgages Members in the 12 months since I joined the team. The products we have just launched with Leeds Building Society are the first we’ve developed in shared ownership with a lender, but this is something which I aim to do more often as we continue to strengthen our offering in 2013.”