The Yorkshire mutual has reduced the rate of its fees assisted two-year fix for borrowers looking to lock in against future rate rises.

Borrowers with a 10% deposit will be able to access the deal at a rate of 3.29%, down from its previous level of 3.79%.

This deal comes with a lower £199 fee and includes free valuation and fees assisted legal services for standard remortgage customers, the building society said.

“Two year fixed rate mortgages are consistently our most popular product so we’re pleased to be able to reduce the rate on this deal,” said Martin Richardson, Leeds Building Society’s general manager – business development.

“We work hard to offer borrowers a range of alternative packages across our fixed and variable rate mortgages so they can choose the product with the term and features which best suits their own individual circumstances.”