New buy-to-let deal from the Leeds

Published on

Leeds Building Society’s fixed rate buy-to-let range now includes fees assisted deals available over two, three and five-year periods.

Meanwhile, rates have been cut on the fee-paying versions by up to 0.40 percentage points.

The fees assisted buy-to-let deals for a three-year period start from 4.49% up to 60% LTV, 4.79% up to 65% LTV and 4.99% up to 70% LTV. These new offers complement the existing two and five-year fees assisted buy-to-let products, and all combine a free standard valuation up to £335 with free in-house legal services for standard re-mortgages.

The Society has reduced rates on fee paying three-year buy-to-let fixed rates by 0.40% up to 65% LTV and by 0.30% up to 60% LTV. In addition, 10% capital repayments are allowed each year without penalty and there is no higher lending charge.

Kim Rebecchi, Leeds Building Society’s sales and marketing director, said: “We believe it’s a very good time to lock into a low fixed rate and have reduced rates by up to 0.40% on the three-year deal. These products will attract professional landlords

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Rising sick leave issues as long-term absence costs top £2k per worker

The majority of UK businesses are increasingly anxious about the impact of sickness absence...

Movera strengthens people and culture team with two senior appointments

Home moving brand Movera has expanded its human resources leadership team with two new...

Housing market stalls as buyers and sellers pull back ahead of Budget

Britain’s housing market has stalled for a third consecutive month as uncertainty over next...

First-time buyer homes outpace wider market as affordability improves

First-time buyers are paying more for their homes than they were a year ago...

Stamp duty receipts rise to £9.3bn – but signs of a peak emerge

Homebuyers have paid £9.3 billion in stamp duty between January and August, a 20.6%...

Latest publication

Other news

Rising sick leave issues as long-term absence costs top £2k per worker

The majority of UK businesses are increasingly anxious about the impact of sickness absence...

Movera strengthens people and culture team with two senior appointments

Home moving brand Movera has expanded its human resources leadership team with two new...

Housing market stalls as buyers and sellers pull back ahead of Budget

Britain’s housing market has stalled for a third consecutive month as uncertainty over next...