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Leeds cuts mortgage rates

Leeds Building Society has cut the rates on its two-year fixed-rate mortgages by as much as 0.5%.

A two-year fixed-rate mortgage, with a maximum loan of £250,000, now has a rate of 5.25% for deals up to 80% loan to value. It has no higher lending fee.

There are also new three-year mortgages - with a rate of 5.99% for deals up to 80% loan to value and 6.49% for deals above 80% loan to value.

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