Leeds Building Society cuts buy-to-let fees

Leeds Building Society has reduced the fees on its 3.24 per cent 2-year fixed rate buy-to-let mortgage and its 2.84 per cent 2-year tracker buy-to-let mortgage down to £199.

Both mortgages are available up to 60 per cent loan to value and include a free standard valuation up to £335 and free in-house legal services for remortgages.

They allow 10 per cent capital repayments each year and a maximum loan of £500,000. The offer is available up to and including 31 August 2016.

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Martin Richardson, general manager for business development, said: “In addition to the assisted fees, benefits including free valuation and legal services will bring down the upfront costs of the deal even further.”