Fixed until 31st December 2019, the product is available via Mortgage Intelligence brokers. The deal is for remortgages only, has a £599 arrangement fee, free valuation and fees-assisted legal services.

Sally Laker, managing director of Mortgage Intelligence, said: “With the continual threat of a rate increase this is a great product at a time when rates are incredibly low with the added certainty of five years at 3.79%. Couple this competitive rate with a low booking fee and free remortgage fees it makes this product, in my opinion, one that cannot be ignored.”

Martin Richardson, general manager for business development at Leeds Building Society, said: “Borrowers seeking longer-term security of payment over the next five years have the opportunity to lock into a competitive deal while rates are low.

“Autumn is traditionally a busy time for remortgaging and homeowners may want to review whether switching will bring down their monthly repayments or help to reduce their mortgage term.”