Leeds Building Society has launched two new buy-to-let mortgage products.
Both products are available for new purchases or for remortgages, with no early repayment charges.
The two new mortgages both offer 2-year deals and come with a free standard valuation and a fees assisted legal service for re-mortgages.
Matt Bartle, Leeds Building Society’s Director of Mortgages, said: “Understanding borrower needs and developing products and lending criteria to support our customers is key to who we are as a mutual.”
“Due to the economic uncertainty, we know that many landlords are looking for tracker products, and we’re pleased we’re able to launch two new buy-to-let mortgages at 60% and 75% loan-to-value.”
The first of the new products is a 2-year 60% LTV tracker with an initial rate 4.85%, £999 completion fee, free standard valuation and fees assisted legal service for remortgages.
The second is a 2-year 75% LTV tracker with an initial rate 5.20%, £999 completion fee, free standard valuation and fees assisted legal service for remortgages.
