Leeds Building Society cuts rates on cashback mortgages

Leeds Building Society has cut rates on its five-year fixed residential mortgage cashback range by 0.1 per cent.

This leaves the 65 per cent LTV product at 2.36 per cent; the 75 per cent LTV at 2.51 per cent; the 80 per cent LTV at 2.55 per cent; the 85 per cent LTV at 2.69 per cent; and the 90 per cent LTV at 3.06 per cent.

All of the above products come with £1,000 cashback and free standard valuation.

In addition to this, the building society has increased the cashback on its 75 per cent two-year fixed rate mortgage from £750 to £1,000.

Leeds Building Society director of products Matt Bartle says: “We keep our mortgage range under constant review and try to offer a wide range of products to meet the needs of our customers.

“Cash available at the start of a mortgage is often handy to cover some of the costs associated with buying a new home. This is a further example of how we’ve used our expertise and experience to understand and respond to the needs of customers.”

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