Leeds Building Society has made further changes to its range of two-year fixed rate buy-to-let mortgages, including launching a new product with a rate of 2.99%.
The society has also reduced rates on other two-year fixed rate buy-to-let mortgages with the changes coming into effect on Wednesday 6 August.
2.99% two-year fixed rate buy-to-let mortgage up to 65%, with a £799 fee
2.79% two-year fixed rate buy-to-let mortgage up to 60%, with a £999 fee
3.09% two-year fixed rate buy-to-let mortgage up to 60%, with a £199 fee
Each of the above products comes with additional benefits including a free standard valuation up to £335 and free in-house legal services for remortgages.
“We’ve been able to make further improvements to our short term fixed rate buy-to-let mortgage range,” said Martin Richardson, Leeds Building Society’s general manager for business development. “The majority of buy-to-let borrowers favour two-year fixed rates and these changes to our range make these products among the most competitive on the market.”