New buy to let mortgage deal from Leeds


Leeds Building Society has added to its fixed-rate buy-to-let mortgage portfolio by introducing a new deal at 5.99 per cent for three years.
The product is available up to 80 per cent loan-to-value (LTV) and was described by the provider as a “market-leading” home loan plan.
In addition, the building society also announced it is reducing the fees on its two-year fixed-rate offering by £300.
Customers considering either of the options will benefit from a ten per cent capital repayments allowance each year without fear of being penalised, while both plans have no higher lending charge.
Kim Rebecchi, sales and marketing director at Leeds, noted: “These flat fee products will attract professional landlords, who may wish to move onto a highly competitive rate and fix their monthly commitments.”
Ms Rebecchi explained now could be a good time for proprietors to lock themselves into a low fixed-rate, while the reduced fees may act as an added bonus.
The news represents the latest new mortgage offering from Leeds, which recently unveiled a ten-year fixed rate home loan available up to 75 per cent LTV at 4.58 per cent.

Get the Best Rates from Local Mortgage Advisers Now!

Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Get the Best Rates from Local Mortgage Advisers Now!
Finding the best mortgage advisers in your area is easy. Whether you're looking for buy to let, a residential mortgage, or a commercial loan, just enter your location into the form and answer a few questions. Then sit back and let the backend system do all the legwork to put you in touch with independent mortgage advisers near you!

Powered by Bark

Close
100% secure