LETTING & ESTATE AGENT

New BTL mortgage rates from Leeds Building Society

New BTL mortgage rates from Leeds Building Society

Leeds Building Society has re-launched its range of short term fixed rate buy-to-let mortgages with rates starting from 2.65%.

The society has introduced a new two-year fixed rate buy-to-let mortgage at 2.65%, available up to 60% LTV, and has cut rates or fees on other two and three-year fixed rate products, which come with additional benefits including a free valuation and legal services.

Highlights from the new range include:
• 2.65% two-year fixed rate buy-to-let mortgage up to 60%, with a £1,999 fee.
• 2.99% two-year fixed rate buy-to-let mortgage up to 60%, with a £999 fee and a free standard valuation up to £335 and free in-house legal services for remortgages
• 3.19% two-year fixed rate buy-to-let mortgage up to 70%, with a £999 fee and a free standard valuation up to £335 and free in-house legal services for remortgages

“We’ve refreshed our range of short term fixed rate deals for buy-to-let mortgages,” said Martin Richardson, Leeds Building Society’s general manager for business development. “As well as reducing rates, we’ve also brought down fees on some products and added benefits, such as a free valuation and legal services, to offer a choice of packages to borrowers, whatever the size of loan they’re seeking, whether for purchase or remortgage.”