The offer allows 10% capital repayments each year without penalty and has no higher lending charge.
This is combined with a free standard valuation up to £335 and free in-house legal services for standard remortgages.
Kim Rebecchi, sales and marketing director at Leeds, said: “Our 2-year base rate tracker mortgage offers excellent value immediately and going forward, we allow 10% capital repayments each year and there is no higher lending charge.
“The product is also fully portable so if customers move home they can take it with them.”