New buy to let mortgage deals have been introduced to the market by Leeds Building Society .
The group has unveiled new five-year fixed-rate products boasting offers with regard to both their fees assisted and fee paying variations.
Included in the update is an option at 4.99 per cent available at up to 70 per cent loan-to-value (LTV), which includes no higher lending charge and also permits ten per cent capital repayments every 12 months.
Also up for grabs is a fees assisted version at 5.49 per cent up to 70 per cent LTV, which includes a free standard valuation worth up to £335, while in-house legal services for standard remortgages are also included free of charge.
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.”
Ms Rebecchi pointed out a fees assisted deal, five years in length, could prove advantageous for first-time landlords requiring assistance with their upfront costs.
