The Leeds launches new buy-to-let offering

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Leeds Building Society

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

Deals include 3.55% for two years and 3.79% for three years, both available up to 75% LTV.

These offers have no higher lending charge and allow 10% capital repayments each year without penalty.

Meanwhile, rates have been cut by 0.70 percentage points on the two-year fixed rate buy-to-let offering available up to 80% LTV, and the Leeds has cut the rate on the three-year buy-to-let offer – available up to 80% LTV – by 0.60 percentage points.

The mutual has also launched a new two-year buy-to-let fees assisted deal at 4.39% up to 75% LTV, and a three-year version at 4.49% (also available up to 75% LTV).

“We believe it’s a very good time to lock into a low fixed rate and have reduced rates on our buy-to-let deals by up to 0.70% [sic],’ said Kim Rebecchi, Leeds Building Society sales and marketing director.

“The Society has also launched market leading two and three-year fixed rate buy-to-let offers, available up to 75% LTV, at 3.55% and 3.79% respectively.

“We have also launched a market leading two-year fees assisted buy-to-let deal at 4.39% available up to 75% LTV, and for three years at 4.49% up to 75% LTV.”

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