Leeds Building Society has launched a new green mortgage to reward homeowners for energy efficiency. The new offering will be available at up to 90% LTV at a fixed rate of 6.34%. The mortgage product is available to residential property purchases with an energy performance certificate (EPC) rating of A-C and comes with no application or completion fee. The product also includes a standard valuation and comes with 10% penalty free capital over repayment each year. The society was the first UK lender to offer a carbon neutral mortgage, where it offset the forecasted environmental impact of each home during the initial fixed term of a mortgage.

The Mortgage Lender (TML) has reduced rates across its five-year fixed buy-to-let (BTL) product range, as well as its HMO and MUB range. Rates have been reduced by up to 10bps. TML’s five-year fixed 75% LTV product with a 5% fee will reduce from 5.76% to 5.66%. HMO rates have been reduced from 5.96% to 5.86% for the same five-year fixed 75% LTV product with a 5% fee.

Yorkshire Building Society has refreshed its rainy day issue two savings account to help people build financial resilience and reach their savings goals. The product was launched last year to mark the first ever national savings focus week. The tiered interest account starts at 5% on balances up to £10,000, double the original £5,000 threshold. Balances over £10,000 will receive an interest rate of 3.90%. Customers can deposit between £1 and £2m in the branch based version of the account, and up to £500,000 online, with access to the account on two days a year without penalties.

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