• Colmore Finance

Leeds Building Society issues two new BTL mortgages

Leeds Building Society has relaunched its fee-free buy-to-let mortgages.

Available at up to 60 per cent LTV, the lender is offering a two-year fix at 2.04 per cent and a five-year fix at 2.14 per cent.

Both products come with a free standard valuation and charge no fee.

Leeds Building Society director of products Matt Bartle says: “These mortgages, which have been very popular in the past, give customers the benefits of a competitive fixed rate while removing the up-front product fee.

“Whether landlords want to expand their portfolio with a new BTL investment, or remortgage an existing property to a more advantageous rate, we are pleased to be able to offer our customers a broad range of product options to suit their needs.”

Earlier this month, Leeds launched two new ‘Flexit’ mortgages, which allow for unlimited overpayments and the ability for borrowers to redeem their mortgage at any time, incurring no penalty.

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