The mutual has also reduced the version available between 66% and 80% LTV by 0.16% to 3.14%.
The Society has also cut fees on the fees assisted versions of these products for those who require help with upfront costs.
Leeds also has a, fees assisted two-year discount at 3.59% up to 80% LTV, which allows unlimited capital repayments.
Phil Coombes, Leeds Building Society’s head of intermediary sales (pictured) said: “Our market leading two-year discount mortgage at only 2.95% offers great value, particularly when combined with the flexibility of 10% capital repayments each year without penalty and no higher lending charge.”