Leeds offers market leading fixed rate buy to let deals

Leeds Building Society's new fixed rate buy to let range, available over 2 and 3 year periods, has had reductions in rate of up to 0.85% and now contains a number of market leading offers and a 2 year deal at under 4%.

The new range is complimented by allowing 10% capital repayments each year without penalty, and having no higher lending charge.

The 3 year fixed rate deals have seen a 0.85% reduction in rate and now have market leading rates of 4.29% available up to 60% LTV, 4.59% up to 65% LTV and 4.79% up to 70% LTV.

The Society has also lowered rates by 0.85% on fees assisted 2 year buy to let deals, and these are now market leading. These products allow a free valuation up to £335 and free in-house legal services for standard re-mortgages.

The new buy to let range from Leeds Building Society also contains a 2 year deal at under 4%. This is available at 3.99% up to 60% LTV, at 4.19% available up to 65% LTV and at 4.39% up to 70% LTV.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "Our new buy to let range offers great value, with market leading 3 year offers and a 2 year deal at under 4%. We have delivered certainty and peace of mind, not only in terms of a fixed monthly payment but also with fixed fees of only £999 on the 2 and 3 year products.

"Clearly, this is of significant benefit to those landlords looking to budget and manage their portfolio. We believe it's a very good time to lock into a low fixed rate, and these products will attract landlords who may wish to move onto a highly competitive rate and fix their monthly commitments.

"First time landlords will also benefit from our new range, via the market leading fees assisted 2 year versions which allow a free valuation up to £335 and free legal services for re-mortgages."