Leeds Building Society has made reductions of to 0.21% on products across its mortgage range.
The society has made these price improvements ahead of the removal of stamp duty land tax relief coming into effect from 1 April.
For existing mortgage holders, the society is making rate reductions of up to 0.21%.
Products include a five-year fixed rate available up to 90% loan-to-value (LTV), which is part of the society’s income plus range for FTBs only. This has a rate of 4.89%, down from 4.95%, comes with no fees and a free standard valuation up to £999.
Another FTB product includes the two-year fixed rate available up to 85% LTV. This has a fixed rate of 4.79%, down from 4.99% with no fees and a free standard valuation up to £999.
In addition, the society has a two-year fixed rate and is available up to 65% LTV for purchases and remortgages. This has a fixed rate of 4.15%, down from 4.36% and has a fee of £1,499 and a free standard valuation up to £999.
Leeds Building Society senior product manager Jonathan Thompson says: “As part of out mission of putting homeownership within reach of more people, we have decided to start the year by making purposeful action to help those stepping onto the property ladder or coming to the end of their existing fixed term.”
“The reductions we have made on rates across our mortgage product range will support more people to make their homeownership dreams a reality, and will take financial pressure off households.”