Leeds rolls out new buy-to-let deals
Leeds Building Society hopes new buy-to-let products will attract professional landlords.
Leeds Building Society has launched a 5 year fixed-rate buy-to-let deal at 4.99 per cent, available up to 70 per cent loan-to-value, which allows 10 per cent capital repayments each year without penalty and has no higher lending charge.
It has also rolled out a fees assisted offer at 5.49 per cent, up to 70 per cent LTV, combined with a free standard valuation worth up to £335 and free in-house legal services for standard re-mortgages.
Kim Rebecchi, sales and marketing director at Leeds Building Society, said: “Our new five-year buy-to-let product will attract professional landlords, who may wish to move onto a highly competitive rate and fix their monthly commitments.
“The society is also benefiting first time landlords, who may require help with up front costs, by offering a market leading fees assisted deal for a 5 year period.”