The Leeds cuts five-year buy-to-let rates

Published on

The Leeds Building Society has cut rates on a number of five year buy-to-let mortgages by up to 0.45 percentage points.

New deals include a 2.49% five-year buy-to-let mortgage up to 60% LTV with £1,000 cashback and a 2.25% five year deal up to 60% LTV.

Both of the no fee products come with a free standard valuation and fees assisted legal services.

Matt Bartle (pictured), the Leeds Building Society’s director of products, said: “We continually keep our mortgage products under review and these rate reductions follow the recent diversification of our buy-to-let range.

“In addition to the reduced rates, we offer different fee and incentive combinations across the range, including cashback, as part of our efforts to improve our proposition for landlords, no matter what their individual circumstances.

“We continue to work closely with our intermediary partners to better meet their needs, and those of their clients, in this important sector.”

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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...