Leeds Building Society unveils new buy-to-let products

A new range of buy-to-let mortgages have been made available by Leeds Building Society.

Rate reductions have been introduced on the three-year and two-year fixed rate products by 0.35 per cent and 0.25 per cent respectively, while the five-year fix is subject to reduced fees of £550.

The two-year product is available up to 60 per cent loan-to-value (LTV) at a rate of 4.64 per cent, with a flat fee of £999.

Sales and marketing director at Leeds Building Society Kim Rebecchi said: "The new products have been awarded four stars by Moneyfacts and the five-year 60 per cent LTV deal at 5.59 per cent remains a best buy."

First-time landlords, as well as those with a greater level of experience, will find the products attractive due to the fixed monthly payments they offer, she added.

Individuals seeking more details about the products are advised they can do so online, in-branch or over the telephone.

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