Leeds Building Society has cut the rate of on its two-year discount mortgage by 0.15%.
The new rate is 3.05% and is available between 76% and 80% LTV.
The product allows 10% capital repayments each year. There is no higher lending charge and a booking fee of £199.
Phil Coombes, Leeds Building Society’s head of intermediary sales, said: “A mortgage at only 3.05% offers clients excellent value