Leeds Building Society has unveiled a new fixed rate buy-to-let range.

Rates have been reduced by up to 0.85 percentage points.

The new range allows 10% capital repayments each year without penalty, and there are no higher lending charges.

The three-year fixed rate deals have seen a 0.85 percentage points reduction in rate and now have rates of 4.29% available up to 60% LTV, 4.59% up to 65% LTV and 4.79% up to 70% LTV.

The mutual has also lowered rates by 0.85 percentage points on fees assisted two-year buy-to-let deals. These products allow a free valuation up to £335 and free in-house legal services for standard re-mortgages.

The new buy-to-let range from Leeds Building Society also contains a two-year deal at under 4%. This is available at 3.99% up to 60% LTV, at 4.19% available up to 65% LTV and at 4.39% up to 70% LTV.

Phil Coombes, Leeds Building Society’s head of intermediary sales, said: “Our new buy-to-let range offers great value