Leeds chops 0.5% off fixed rates

The new range of two-year and three-year fixed rate deals will be available as fee-paying or fee-free options. From today, a two-year fixed rate deal with fees will be cut from 5.75% to 5.25%. New three-year deals will be available from 5.99% at 80% LTV, rising to 6.49% for 90% LTV with a fee of £999 for loans of up to £500,000, and 1% for larger loans. Different fee options are available for those that wish to lower monthly repayment costs. Karen Wint, general manager for marketing and customer services, says: “We recognise that many people are struggling in the current financial clima...