By Robert Adungo

Leeds Building Society has shaken up the high loan-to-value (LTV) end of the market with the introduction of a new two-year discount mortgage at 5.25% up to 95%LTV.

Those who can raise a 10% deposit can also get a deal at 4.35% through these offers, which complement the society's current competitive two-year discount rate at only 2.45% up to 75% LTV.

Borrowers are also set to benefit from Leeds' unveiling of new tiers on the fees-assisted versions of these products. There's a fee-assisted two-year discount mortgage at 3.8% up to 85% LTV and at 4.95% up to 90% LTV.

As well as enjoying a free valuation up to £335 and free in-house legal services for standard remortgages with these offers, borrowers can also get a new two-year variable-rate mortgage at 5.89%, up to 95% LTV - with the same flexibility.

Leeds' sales and marketing director Kim Rebecchi says that at only 2.45%, the discount mortgage "offers superb value, particularly when combined with the flexibility of 10% capital repayments each year without penalty and no higher lending charge".

"We are also pleased to have launched versions of these products available up to 95% LTV on the fee-paying options, and up to 90% LTV on the fees-assisted options."

According to recent research by Moneyfacts, the number of mortgages for first-time buyers or those with a low deposit is increasing thanks to lenders rolling out 90% and 95% LTV products.