The Leeds cuts BTL product fees

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Leeds Building Society

The Leeds Building Society has cut the fees on part of its range of buy-to-let mortgages.

The society offers a two year fixed rate buy-to-let mortgage at 3.24% and a two year tracker buy-to-let mortgage at 2.84%, each with a £199 fee.

Both mortgages are available up to 60% LTV and come with a range of benefits including a free standard valuation up to £335 and free in-house legal services for remortgages.

They each come with a £199 booking fee, 10% capital repayments are allowed each year and the maximum loan figure is £500,000.

“We’re pleased to have been able to reduce the product fees on these competitive buy-to-let mortgages,” said Martin Richardson, Leeds Building Society’s general manager – business development.

“In addition to the assisted fees, benefits including free valuation and legal services will bring down the upfront costs of the deal even further.”

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