The two-year fixed deal is available up to 90 per cent loan to value (LTV) and has a rate of 6.34 per cent. There is no application or completion fee and a free standard valuation is offered.
It is subject to tapered early repayment charges and has a 10 per cent penalty-free overpayment allowance each year.
The rate on the green mortgage is 10 basis points lower than its standard offering.
Jonathan Thompson, senior mortgage manager at Leeds Building Society, said: “Ensuring we are building a greener planet is at the heart of our purpose, putting homeownership within reach of more people, generation after generation.”
“As a responsible business, we are committed to the orderly transition to a greener, net zero economy by 2050. We have reduced our carbon footprint in recent years, and we hope this new mortgage product will support our members to do so too by rewarding those choosing to live in the most environmentally friendly homes.”
Suffolk BS relaunches at 90 per cent LTV
Suffolk Building Society is relaunching its residential mortgages at the 90 per cent loan to value (LTV) tier after a temporary withdrawal.
From today, the mutual will offer a two-year fix at 90 per cent LTV with a rate of 6.49 per cent. Loan sizes between £75,000 and £500,000 are available, there is also a £199 application fee and a £999 completion fee.
Once the fixed period ends, the rate reverts to the standard variable rate minus 1.74 per cent for four years and has a three per cent floor.
It has also added a range of two-year fixes for buy-to-let borrowers at 80 per cent LTV.
There is a standard buy-to-let offering with a rate of 6.59 per cent and for expat buy-to-let borrowers an option priced at 6.75 per cent.
The holiday let product has a rate of 6.75 per cent and the expat holiday let option is priced at 6.8 per cent.
Andrew Sadler, key account manager at Suffolk Building Society, said: “Brokers and their clients always want choice. That’s why we are returning with the types of products that brokers are accustomed to us offering. In particular, the 90 per cent LTV product will allow us to support first-time buyers with a smaller deposit once again, helping more people get a foothold on the housing ladder.
“Following broker feedback, we’re also pleased to be again offering fixed rates on our buy-to-let, holiday let and expat products.”
