Leeds launches two fixed loans with £750 cashback

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Leeds Building Society is launching two new two-year fixed rate residential mortgages with £750 cashback.

The first is at 2.05 per cent up to 65 per cent LTV and the second is at 2.15 per cent to 75 per cent LTV.

Each has a free valuation and a £199 fee, as well as fees-assisted legal services for standard remortgages.

Leeds Building Society director of product and distribution Jaedon Green says: “We try to offer a range of fee and incentive combinations across our mortgage range and we know cashback deals can give borrowers a little extra flexibility at a time when this is most useful.

“In addition, the incentives help to minimise costs, for remortgage in particular, so may appeal to existing homeowners who’ve built up more equity and want to switch to a better deal which could bring down their monthly repayments.”