The two-year fixed rate purchase mortgage is available at 3.79% and includes a free standard valuation for properties worth up to £2m. The product has no upfront booking fee and comes with a £199 arrangement fee which is payable on completion.
Rob McCoy, senior product manager at Sesame Bankhall Group, said: “With a low fixed rate and no booking fee this product is ideal for first time buyers as well as those homemovers with smaller deposits. This will be among the most competitive products in the market and will, I’m sure, be popular with our members.”
Martin Richardson, director of business development at Leeds Building Society, added: “Leeds Building Society is delighted to be working in collaboration with Sesame and PMS and will continue to support first-time buyers and others with smaller deposits, as part of our efforts to help borrowers who are not well served by the wider market.”