New fees-assisted BTL deals from the Leeds

Published on

Leeds Building Society has launched a new fixed rate buy-to-let range offering fees assisted deals available over two, three and five-year periods.

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

Fees assisted buy-to-let deals over 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.

All combine a free valuation up to £335 with free in-house legal services for standard re-mortgages.

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

Phil Coombes, Leeds Building Society’s head of intermediary sales, 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 offer. 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

2.5 million homeowners could move if stamp duty scrapped

Around 2.5 million homeowners could be freed to move house if Conservative Party plans...

Roma Finance completes £1.5m four-day auction loan

Roma Finance has completed a £1.5 million bridging loan in four days to fund...

INDUSTRY REACTION: Badenoch pledges to scrap stamp duty in bid to revive homeownership

Kemi Badenoch has pledged to abolish stamp duty on home sales, describing it as...

Santander calls for homebuying reforms as young buyers bear the brunt of broken system

Younger buyers and families are suffering most from England and Wales’s outdated homebuying process,...

Borrower confidence returns as mortgage applications surge, says Stonebridge

Mortgage applications rose sharply in September as borrowers took advantage of falling rates, according...

Latest publication

Other news

2.5 million homeowners could move if stamp duty scrapped

Around 2.5 million homeowners could be freed to move house if Conservative Party plans...

Roma Finance completes £1.5m four-day auction loan

Roma Finance has completed a £1.5 million bridging loan in four days to fund...

INDUSTRY REACTION: Badenoch pledges to scrap stamp duty in bid to revive homeownership

Kemi Badenoch has pledged to abolish stamp duty on home sales, describing it as...