Leeds BS launches 2.99% BTL mortgage
Leeds Building Society is making further changes to its range of two year fixed rate BTL mortgages, including launching a new product with a highly competitive rate of 2.99%.
The Society is reducing rates on other two year fixed rate Buy to Let mortgages and the changes come into effect on Wednesday, 6th August.
Highlights include a 2.99% two year fixed rate Buy to Let mortgage up to 65%, with a £799 fee;
a 2.79% two year fixed rate Buy to Let mortgage up to 60%, with a £999 fee; and a 3.09% two year fixed rate Buy to Let mortgage up to 60%, with a £199 fee.
Each of the above products comes with additional benefits including a free standard valuation up to £335 and free in-house legal services for remortgages.
Martin Richardson, Leeds Building Society’s General Manager – Business Development, said:
“We’ve been able to make further improvements to our short term fixed rate Buy to Let mortgage range.”
“The majority of Buy to Let borrowers favour two year fixed rates and these changes to our range make these products among the most competitive on the market.”
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