Leeds cuts B2L rates
Leeds 3-year fixed rate buy-to-let mortgage up to 60% LTV is reduced from 3.49% to 3.09%, it’s 3-year fixed rate fees assisted buy-to-let mortgage up to 60% LTV is cut to 3.39% and it’s 5-year fixed rate buy-to-let mortgage up to 60% LTV is slashed 3.69%.
Martin Richardson, Leeds Building Society’s general manager – business development, said: “These latest buy-to-let mortgages are extremely competitive and come with a range of benefits, including a free standard valuation and fees assisted legal services.
“We’ve refreshed our range following broker and customer feedback and the fees assisted versions of the products offer additional choice, depending on the borrower’s individual needs, including those homeowners who are looking to remortgage.”
The buy-to-let product changes follow an increase this week to procuration fees on buy-to-let and holiday let mortgages through intermediaries.