Leeds launches cashback range for its BTL borrowers
A new range of mortgages with cashback has been launched for existing buy-to-let borrowers with Leeds Building Society.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Existing Buy to Let borrowers wanting to add to their portfolio or remortgage properties they own already can choose from an exclusive range of competitive mortgages, each with £250 cashback.
Highlights include a two year discount Buy to Let mortgage at 2.10%; a two year fixed rate at 2.60%; and a five year fixed rate at 3.39%.
All these deals are available up to 60% LTV and come with a free valuation for properties worth up to £500,000 and fees assisted legal services. They also benefit from a low £199 fee.
Martin Richardson, Leeds Building Society’s Director of Business Development, said:
“Adding the cashback benefit for existing Buy to Let borrowers complements some of the other changes we have made to criteria on this type of lending."
“We keep our lending criteria under active review and listen carefully to feedback from borrowers and intermediaries to find ways we can improve our service and develop products which better suit customer need.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Buy-to-let
Buy-to-let market 'in transition' as landlords turn to refinancing
MPowered Mortgages
MPowered closes to new business amid potential sale
Budget
Reeves lays groundwork for tax rises in surprise pre-Budget speech
FCA
FCA bans and fines adviser £100,000
Bank Of England
Interest rates held at 4% in narrow 5-4 vote
Budget
What taxes could be raised in the Autumn Budget?
