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Buy to Let

Leeds unveils new buy-to-let range

Your Mortgage
Written By:
Your Mortgage
Posted:
Updated:
02/01/2013

Leeds Building Society’s fixed rate buy-to-let range now offers deals at 3.55% for two years and 3.79% for three years, both available up to 75% loan-to-value (LTV).

These offers have no higher lending charge and allow 10% capital repayments each year without penalty.

Rates have also been reduced by 0.70% on the two-year fixed rate buy-to-let deal available up to 80% LTV, and the mutual has reduced the rate on the three-year buy-to-let offer (available up to 80% LTV) by 0.60%.

Leeds BS has also launched a new two-year buy-to-let fees assisted deal at 4.39% up to 75% LTV, and a market leading three-year version at 4.49% (also available up to 75% LTV).

Kim Rebecchi, Leeds Building Society sales and marketing director said:

“We believe it’s a very good time to lock into a low fixed rate and have reduced rates on our buy-to-let deals by up to 0.70%.

“The society has also launched market leading two- and three-year fixed rate buy-to-let offers, available up to 75% LTV, at 3.55% and 3.79% respectively. We have also launched a market leading two-year, fees-assisted buy-to-let deal at 4.39% available up to 75% LTV, and for three years at 4.49% up to 75% LTV.”