Leeds Building Society unveils two new buy-to-let mortgage products.
Both products are available for new purchases or for remortgages, with no early repayment charges.
The two new mortgages both offer two-year deals and come with a free standard valuation and a fees assisted legal service for re-mortgages.
Matt Bartle, Leeds Building Society’s director of mortgages, said: ““Understanding borrower needs and developing products and lending criteria to support our customers is key to who we are as a mutual.
“Due to the economic uncertainty, we know that many landlords are looking for tracker products, and we’re pleased we’re able to launch two new buy-to-let mortgages at 60% and 75% loan to value.”
The new products are as follows:
2 Year 60% LTV Tracker
- Initial Rate 4.85% (BBR +0.85%)
- 60% loan to value (LTV)
- £999 completion fee
- Free standard valuation
- Fees assisted legal service for remortgages
2 Year 75% LTV Tracker
- Initial Rate 5.20% (BBR +1.20%)
- 75% loan to value (LTV)
- £999 completion fee
- Free standard valuation
- Fees assisted legal service for remortgages
