The 1.95% fixed until 31 October 2019 is for maximum loans up to £500,000. The loan also offers a £300 cashback.
Martin Reynolds (pictured), chief executive of SimplyBiz Mortgages, said: “Post Brexit, longer-term fixed rates are becoming more popular as people look to fix for stability. A three-year fixed rate at sub 2% is a fantastic rate, and with the added benefits offers flexibility that may be needed in the near future. We are sure our members will welcome this additional product option.”
Jaedon Green, director of product and distribution at Leeds Building Society, said: “We work very closely with SimplyBiz Mortgages and their members and this new exclusive is another example of how we can adapt to the changing market and offer clients new solutions.”
Simplybiz, which includes APS Legal and the New Model Business Academy, offers business support to 6,000 advisers nationwide.